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
₴32238
₴21913
₴28568
₴24269
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
accident
-
-
-
434
unemployment
-
-
-
338
pensions
-
-
-
13 645
other
-
-
-
48
income
-
-
-
18 484
total
-
-
-
32 949
Employee
25 123
-
60 129
-
pensions
1 181
-
2 267
-
income
5 247
-
16 871
-
unemployment
389
-
747
-
other
25
-
48
-
total
6 842
-
19 933
-
Employer
25 123
-
60 129
-
other
201
-
386
-
unemployment
1 382
-
2 652
-
accident
498
-
955
-
pensions
5 929
-
11 379
-
total
8 010
-
15 372
-
Corporate
42 367
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.

6 354
11 325
-
-
total
6 354
11 325
-
-
Dividends
36 012
64 175
-
-
withholding
7 444
13 655
-
-
total
7 444
13 655
-
-
Income
75 500
75 500
75 500
75 500
Total tax
28 650
24 980
35 305
32 949
After tax
46 850
50 520
40 195
42 551
Living cost
18 282
18 282
18 282
18 282
Free-cash
28 568
32 238
21 913
24 269

Estimated living cost  is ₴18282 per week

₴13130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
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.
₴3474
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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Estimated living cost

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