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
₴ 75500
per

Your estimated
City
free-cash

Madrid , Spain
₴29007
₴32579
₴22423
₴24612
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
-
-
-
75 500
other
-
-
-
47
unemployment
-
-
-
331
income
-
-
-
18 791
pensions
-
-
-
13 374
accident
-
-
-
426
total
-
-
-
32 969
Employee
24 625
-
60 434
-
unemployment
381
-
732
-
other
24
-
47
-
pensions
1 157
-
2 222
-
income
5 143
-
17 091
-
total
6 705
-
20 092
-
Employer
24 625
-
60 434
-
other
197
-
378
-
accident
488
-
936
-
pensions
5 811
-
11 153
-
unemployment
1 355
-
2 599
-
total
7 851
-
15 066
-
Corporate
43 024
75 500
-
-
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.

6 454
11 325
-
-
total
6 454
11 325
-
-
Dividends
36 571
64 175
-
-
withholding
7 564
13 677
-
-
total
7 564
13 677
-
-
Income
75 500
75 500
75 500
75 500
Total tax
28 574
25 002
35 158
32 969
After tax
46 926
50 498
40 342
42 531
Living cost
17 919
17 919
17 919
17 919
Free-cash
29 007
32 579
22 423
24 612

Estimated living cost  is ₴17919 per week

₴12869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
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.
₴3405
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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