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
₴29496
₴22905
₴24995
₴32961
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
income
-
-
-
19 136
pensions
-
-
-
13 071
accident
-
-
-
416
unemployment
-
-
-
323
other
-
-
-
46
total
-
-
-
32 992
Employee
24 066
-
60 775
-
other
24
-
46
-
unemployment
373
-
716
-
income
5 027
-
17 425
-
pensions
1 131
-
2 171
-
total
6 555
-
20 358
-
Employer
24 066
-
60 775
-
pensions
5 680
-
10 900
-
accident
477
-
914
-
unemployment
1 324
-
2 540
-
other
193
-
370
-
total
7 674
-
14 724
-
Corporate
43 761
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.

6 564
11 325
-
-
total
6 564
11 325
-
-
Dividends
37 197
64 175
-
-
withholding
7 698
13 701
-
-
total
7 698
13 701
-
-
Income
75 500
75 500
75 500
75 500
Total tax
28 491
25 026
35 082
32 992
After tax
47 009
50 474
40 418
42 508
Living cost
17 513
17 513
17 513
17 513
Free-cash
29 496
32 961
22 905
24 995

Estimated living cost  is ₴17513 per week

₴12577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
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.
₴3328
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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