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
₴39203
₴28157
₴30245
₴35909
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
accident
-
-
-
415
income
-
-
-
23 432
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 052
total
-
-
-
37 268
Employee
24 031
-
70 297
-
other
24
-
46
-
unemployment
372
-
715
-
pensions
1 129
-
2 168
-
income
5 019
-
21 724
-
total
6 544
-
24 653
-
Employer
24 031
-
70 297
-
pensions
5 671
-
10 885
-
accident
476
-
913
-
unemployment
1 322
-
2 536
-
other
193
-
369
-
total
7 662
-
14 703
-
Corporate
53 307
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.

7 996
12 750
-
-
total
7 996
12 750
-
-
Dividends
45 311
72 250
-
-
withholding
9 402
15 560
-
-
total
9 402
15 560
-
-
Income
85 000
85 000
85 000
85 000
Total tax
31 604
28 310
39 356
37 268
After tax
53 396
56 690
45 644
47 732
Living cost
17 487
17 487
17 487
17 487
Free-cash
35 909
39 203
28 157
30 245

Estimated living cost  is ₴17487 per week

₴12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
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.
₴3323
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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