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
₴ 74500
per

Your estimated
City
free-cash

Madrid , Spain
₴35426
₴28379
₴29794
₴37631
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
-
-
-
74 500
unemployment
-
-
-
219
income
-
-
-
23 488
other
-
-
-
31
accident
-
-
-
281
pensions
-
-
-
8 841
total
-
-
-
32 860
Employee
16 278
-
64 540
-
unemployment
252
-
484
-
pensions
765
-
1 469
-
income
3 400
-
22 331
-
other
16
-
31
-
total
4 433
-
24 315
-
Employer
16 278
-
64 540
-
pensions
3 842
-
7 373
-
accident
322
-
619
-
unemployment
895
-
1 718
-
other
130
-
250
-
total
5 189
-
9 960
-
Corporate
53 032
74 500
-
-
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.

7 955
11 175
-
-
total
7 955
11 175
-
-
Dividends
45 077
63 325
-
-
withholding
9 651
13 848
-
-
total
9 651
13 848
-
-
Income
74 500
74 500
74 500
74 500
Total tax
27 228
25 023
34 275
32 860
After tax
47 272
49 477
40 225
41 640
Living cost
11 846
11 846
11 846
11 846
Free-cash
35 426
37 631
28 379
29 794

Estimated living cost  is ₴11846 per week

₴8507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴167
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.
₴2251
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.
Adjust living cost Show details Source
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Additional information

Source

[[ row[2] ]] [[ row[0] ]]

Additional information

Source