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
₴29061
₴32620
₴22484
₴24652
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
-
-
-
330
income
-
-
-
18 828
pensions
-
-
-
13 342
accident
-
-
-
425
total
-
-
-
32 972
Employee
24 565
-
60 470
-
unemployment
380
-
731
-
other
24
-
47
-
pensions
1 154
-
2 216
-
income
5 131
-
17 116
-
total
6 689
-
20 110
-
Employer
24 565
-
60 470
-
other
197
-
377
-
accident
486
-
933
-
pensions
5 797
-
11 127
-
unemployment
1 351
-
2 593
-
total
7 831
-
15 030
-
Corporate
43 103
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.

6 465
11 325
-
-
total
6 465
11 325
-
-
Dividends
36 637
64 175
-
-
withholding
7 578
13 679
-
-
total
7 578
13 679
-
-
Income
75 500
75 500
75 500
75 500
Total tax
28 563
25 004
35 140
32 972
After tax
46 937
50 496
40 360
42 528
Living cost
17 876
17 876
17 876
17 876
Free-cash
29 061
32 620
22 484
24 652

Estimated living cost  is ₴17876 per week

₴12838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
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.
₴3397
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

Source of data for Madrid model

Close
[[ place.name ]], [[ place.country ]]

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close