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
₴ 83500
per

Your estimated
City
free-cash

Madrid , Spain
₴41217
₴33237
₴34661
₴43440
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
-
-
-
83 500
unemployment
-
-
-
220
income
-
-
-
27 464
other
-
-
-
32
accident
-
-
-
284
pensions
-
-
-
8 906
total
-
-
-
36 906
Employee
16 398
-
73 467
-
unemployment
254
-
488
-
pensions
771
-
1 479
-
income
3 425
-
26 298
-
other
16
-
32
-
total
4 466
-
28 297
-
Employer
16 398
-
73 467
-
pensions
3 870
-
7 427
-
accident
325
-
623
-
unemployment
902
-
1 731
-
other
131
-
252
-
total
5 228
-
10 033
-
Corporate
61 873
83 500
-
-
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.

9 281
12 525
-
-
total
9 281
12 525
-
-
Dividends
52 592
70 975
-
-
withholding
11 375
15 602
-
-
total
11 375
15 602
-
-
Income
83 500
83 500
83 500
83 500
Total tax
30 350
28 127
38 330
36 906
After tax
53 150
55 373
45 170
46 594
Living cost
11 933
11 933
11 933
11 933
Free-cash
41 217
43 440
33 237
34 661

Estimated living cost  is ₴11933 per week

₴8570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴168
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.
₴2267
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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