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
₴30746
₴34328
₴23879
₴26047
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
-
-
-
335
income
-
-
-
19 948
pensions
-
-
-
13 544
accident
-
-
-
431
total
-
-
-
34 306
Employee
24 938
-
63 242
-
unemployment
386
-
742
-
other
24
-
48
-
pensions
1 172
-
2 250
-
income
5 209
-
18 176
-
total
6 791
-
21 216
-
Employer
24 938
-
63 242
-
other
200
-
383
-
accident
494
-
948
-
pensions
5 885
-
11 295
-
unemployment
1 372
-
2 632
-
total
7 951
-
15 258
-
Corporate
45 611
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.

6 842
11 775
-
-
total
6 842
11 775
-
-
Dividends
38 769
66 725
-
-
withholding
8 023
14 250
-
-
total
8 023
14 250
-
-
Income
78 500
78 500
78 500
78 500
Total tax
29 607
26 025
36 474
34 306
After tax
48 893
52 475
42 026
44 194
Living cost
18 147
18 147
18 147
18 147
Free-cash
30 746
34 328
23 879
26 047

Estimated living cost  is ₴18147 per week

₴13033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
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.
₴3448
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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