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
₴ 74000
per

Your estimated
City
free-cash

Madrid , Spain
₴28715
₴22276
₴32153
₴24344
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
-
-
-
74 000
accident
-
-
-
412
income
-
-
-
18 618
pensions
-
-
-
12 932
other
-
-
-
46
unemployment
-
-
-
320
total
-
-
-
32 328
Employee
23 812
-
59 431
-
unemployment
369
-
708
-
pensions
1 119
-
2 148
-
income
4 973
-
16 925
-
other
23
-
46
-
total
6 484
-
19 827
-
Employer
23 812
-
59 431
-
pensions
5 619
-
10 785
-
other
191
-
366
-
unemployment
1 310
-
2 513
-
accident
472
-
905
-
total
7 592
-
14 569
-
Corporate
42 597
74 000
-
-
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.

6 389
11 100
-
-
total
6 389
11 100
-
-
Dividends
36 207
62 900
-
-
withholding
7 492
13 419
-
-
total
7 492
13 419
-
-
Income
74 000
74 000
74 000
74 000
Total tax
27 957
24 519
34 396
32 328
After tax
46 043
49 481
39 604
41 672
Living cost
17 328
17 328
17 328
17 328
Free-cash
28 715
32 153
22 276
24 344

Estimated living cost  is ₴17328 per week

₴12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
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.
₴3293
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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