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
₴24314
₴28626
₴21981
₴32284
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
-
-
-
48
pensions
-
-
-
13 609
income
-
-
-
18 525
accident
-
-
-
433
unemployment
-
-
-
337
total
-
-
-
32 952
Employee
25 057
-
60 169
-
pensions
1 178
-
2 261
-
income
5 234
-
16 900
-
other
25
-
48
-
unemployment
388
-
745
-
total
6 825
-
19 954
-
Employer
25 057
-
60 169
-
pensions
5 913
-
11 349
-
other
201
-
385
-
unemployment
1 378
-
2 645
-
accident
496
-
952
-
total
7 988
-
15 331
-
Corporate
42 454
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.

6 368
11 325
-
-
total
6 368
11 325
-
-
Dividends
36 085
64 175
-
-
withholding
7 459
13 657
-
-
total
7 459
13 657
-
-
Income
75 500
75 500
75 500
75 500
Total tax
28 640
24 982
35 285
32 952
After tax
46 860
50 518
40 215
42 548
Living cost
18 234
18 234
18 234
18 234
Free-cash
28 626
32 284
21 981
24 314

Estimated living cost  is ₴18234 per week

₴13095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴3465
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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