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
₴ 83000
per

Your estimated
City
free-cash

Madrid , Spain
₴31409
₴29607
₴37339
₴40148
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
-
-
-
83 000
other
-
-
-
40
unemployment
-
-
-
279
accident
-
-
-
358
income
-
-
-
24 565
pensions
-
-
-
11 261
total
-
-
-
36 503
Employee
20 734
-
70 314
-
income
4 331
-
23 091
-
pensions
974
-
1 871
-
unemployment
321
-
617
-
other
20
-
40
-
total
5 646
-
25 619
-
Employer
20 734
-
70 314
-
pensions
4 893
-
9 391
-
other
166
-
319
-
accident
411
-
788
-
unemployment
1 141
-
2 188
-
total
6 611
-
12 686
-
Corporate
55 655
83 000
-
-
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.

8 348
12 450
-
-
total
8 348
12 450
-
-
Dividends
47 306
70 550
-
-
withholding
9 968
15 314
-
-
total
9 968
15 314
-
-
Income
83 000
83 000
83 000
83 000
Total tax
30 573
27 764
38 305
36 503
After tax
52 427
55 236
44 695
46 497
Living cost
15 088
15 088
15 088
15 088
Free-cash
37 339
40 148
29 607
31 409

Estimated living cost  is ₴15088 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.
 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