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
₴36501
₴25956
₴28014
₴33201
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
-
-
-
409
income
-
-
-
21 627
other
-
-
-
46
unemployment
-
-
-
318
pensions
-
-
-
12 858
total
-
-
-
35 258
Employee
23 675
-
66 015
-
other
23
-
46
-
unemployment
367
-
704
-
pensions
1 113
-
2 136
-
income
4 945
-
19 944
-
total
6 448
-
22 830
-
Employer
23 675
-
66 015
-
pensions
5 587
-
10 723
-
accident
469
-
900
-
unemployment
1 302
-
2 499
-
other
190
-
364
-
total
7 548
-
14 486
-
Corporate
49 277
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.

7 391
12 075
-
-
total
7 391
12 075
-
-
Dividends
41 885
68 425
-
-
withholding
8 684
14 696
-
-
total
8 684
14 696
-
-
Income
80 500
80 500
80 500
80 500
Total tax
30 071
26 771
37 316
35 258
After tax
50 429
53 729
43 184
45 242
Living cost
17 228
17 228
17 228
17 228
Free-cash
33 201
36 501
25 956
28 014

Estimated living cost  is ₴17228 per week

₴12373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
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.
₴3274
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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