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
₴ 78500
per

Your estimated
City
free-cash

Madrid , Spain
₴30668
₴34270
₴23813
₴25987
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
-
-
-
78 500
other
-
-
-
48
unemployment
-
-
-
336
income
-
-
-
19 895
pensions
-
-
-
13 591
accident
-
-
-
433
total
-
-
-
34 303
Employee
25 025
-
63 189
-
unemployment
387
-
744
-
other
25
-
48
-
pensions
1 176
-
2 258
-
income
5 227
-
18 116
-
total
6 815
-
21 166
-
Employer
25 025
-
63 189
-
other
201
-
384
-
accident
496
-
951
-
pensions
5 906
-
11 335
-
unemployment
1 377
-
2 641
-
total
7 980
-
15 311
-
Corporate
45 497
78 500
-
-
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.

6 824
11 775
-
-
total
6 824
11 775
-
-
Dividends
38 673
66 725
-
-
withholding
8 003
14 245
-
-
total
8 003
14 245
-
-
Income
78 500
78 500
78 500
78 500
Total tax
29 622
26 020
36 477
34 303
After tax
48 878
52 480
42 023
44 197
Living cost
18 210
18 210
18 210
18 210
Free-cash
30 668
34 270
23 813
25 987

Estimated living cost  is ₴18210 per week

₴13078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1416
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.
₴3460
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