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
₴ 80500
per

Your estimated
City
free-cash

Madrid , Spain
₴38511
₴35702
₴30033
₴28231
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
-
-
-
80 500
accident
-
-
-
358
income
-
-
-
23 439
pensions
-
-
-
11 262
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
35 378
Employee
20 735
-
67 813
-
other
20
-
40
-
income
4 331
-
21 965
-
pensions
974
-
1 871
-
unemployment
321
-
617
-
total
5 646
-
24 493
-
Employer
20 735
-
67 813
-
accident
411
-
788
-
other
166
-
319
-
unemployment
1 141
-
2 188
-
pensions
4 893
-
9 392
-
total
6 611
-
12 687
-
Corporate
53 154
80 500
-
-
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.

7 973
12 075
-
-
total
7 973
12 075
-
-
Dividends
45 181
68 425
-
-
withholding
9 479
14 825
-
-
total
9 479
14 825
-
-
Income
80 500
80 500
80 500
80 500
Total tax
29 709
26 900
37 180
35 378
After tax
50 791
53 600
43 320
45 122
Living cost
15 089
15 089
15 089
15 089
Free-cash
35 702
38 511
28 231
30 033

Estimated living cost  is ₴15089 per week

₴10836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
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.
₴2867
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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