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
₴32677
₴36095
₴25498
₴27606
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
other
-
-
-
47
unemployment
-
-
-
326
income
-
-
-
21 261
pensions
-
-
-
13 180
accident
-
-
-
420
total
-
-
-
35 234
Employee
24 268
-
65 652
-
unemployment
376
-
722
-
other
24
-
47
-
pensions
1 140
-
2 189
-
income
5 069
-
19 536
-
total
6 609
-
22 494
-
Employer
24 268
-
65 652
-
other
195
-
373
-
accident
481
-
922
-
pensions
5 727
-
10 992
-
unemployment
1 335
-
2 561
-
total
7 738
-
14 848
-
Corporate
48 494
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.

7 274
12 075
-
-
total
7 274
12 075
-
-
Dividends
41 220
68 425
-
-
withholding
8 542
14 670
-
-
total
8 542
14 670
-
-
Income
80 500
80 500
80 500
80 500
Total tax
30 163
26 745
37 342
35 234
After tax
50 337
53 755
43 158
45 266
Living cost
17 660
17 660
17 660
17 660
Free-cash
32 677
36 095
25 498
27 606

Estimated living cost  is ₴17660 per week

₴12683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
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.
₴3356
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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