Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₴ 72500
per

Your estimated
City
free-cash

Madrid , Spain
₴19886
₴30183
₴22400
₴26437
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
72 500
income
-
-
-
17 179
pensions
-
-
-
13 717
other
-
-
-
49
unemployment
-
-
-
339
accident
-
-
-
437
total
-
-
-
31 721
Employee
25 256
-
57 047
-
unemployment
391
-
751
-
pensions
1 187
-
2 279
-
other
25
-
49
-
income
5 275
-
15 703
-
total
6 878
-
18 782
-
Employer
25 256
-
57 047
-
accident
500
-
960
-
other
202
-
388
-
unemployment
1 389
-
2 666
-
pensions
5 960
-
11 439
-
total
8 051
-
15 453
-
Corporate
39 192
72 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

5 879
10 875
-
-
total
5 879
10 875
-
-
Dividends
33 313
61 625
-
-
withholding
6 876
13 063
-
-
total
6 876
13 063
-
-
Income
72 500
72 500
72 500
72 500
Total tax
27 684
23 938
34 235
31 721
After tax
44 816
48 562
38 265
40 779
Living cost
18 379
18 379
18 379
18 379
Free-cash
26 437
30 183
19 886
22 400

Estimated living cost  is ₴18379 per week

₴13199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
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Source of data for Madrid model

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