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
₴ 85000
per

Your estimated
City
free-cash

Madrid , Spain
₴35003
₴38500
₴27361
₴29539
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
-
-
-
85 000
other
-
-
-
48
unemployment
-
-
-
337
income
-
-
-
22 799
pensions
-
-
-
13 609
accident
-
-
-
433
total
-
-
-
37 226
Employee
25 058
-
69 669
-
unemployment
388
-
745
-
other
25
-
48
-
pensions
1 178
-
2 261
-
income
5 234
-
21 018
-
total
6 825
-
24 072
-
Employer
25 058
-
69 669
-
other
201
-
385
-
accident
496
-
952
-
pensions
5 914
-
11 350
-
unemployment
1 378
-
2 645
-
total
7 989
-
15 332
-
Corporate
51 953
85 000
-
-
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.

7 793
12 750
-
-
total
7 793
12 750
-
-
Dividends
44 160
72 250
-
-
withholding
9 155
15 515
-
-
total
9 155
15 515
-
-
Income
85 000
85 000
85 000
85 000
Total tax
31 762
28 265
39 404
37 226
After tax
53 238
56 735
45 596
47 774
Living cost
18 235
18 235
18 235
18 235
Free-cash
35 003
38 500
27 361
29 539

Estimated living cost  is ₴18235 per week

₴13095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
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.
₴3465
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