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
₴ 76500
per

Your estimated
City
free-cash

Madrid , Spain
₴36662
₴29410
₴30832
₴38879
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
-
-
-
76 500
unemployment
-
-
-
220
income
-
-
-
24 332
other
-
-
-
32
accident
-
-
-
283
pensions
-
-
-
8 890
total
-
-
-
33 757
Employee
16 368
-
66 485
-
unemployment
253
-
487
-
pensions
769
-
1 477
-
income
3 419
-
23 168
-
other
16
-
32
-
total
4 457
-
25 164
-
Employer
16 368
-
66 485
-
pensions
3 863
-
7 414
-
accident
324
-
622
-
unemployment
900
-
1 728
-
other
131
-
251
-
total
5 218
-
10 015
-
Corporate
54 913
76 500
-
-
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.

8 237
11 475
-
-
total
8 237
11 475
-
-
Dividends
46 676
65 025
-
-
withholding
10 015
14 235
-
-
total
10 015
14 235
-
-
Income
76 500
76 500
76 500
76 500
Total tax
27 927
25 710
35 179
33 757
After tax
48 573
50 790
41 321
42 743
Living cost
11 911
11 911
11 911
11 911
Free-cash
36 662
38 879
29 410
30 832

Estimated living cost  is ₴11911 per week

₴8554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴168
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.
₴2263
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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