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
₴ 86000
per

Your estimated
City
free-cash

Madrid , Spain
₴36036
₴39435
₴28227
₴30371
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
-
-
-
86 000
other
-
-
-
47
income
-
-
-
23 501
unemployment
-
-
-
331
pensions
-
-
-
13 387
accident
-
-
-
426
total
-
-
-
37 692
Employee
24 649
-
70 919
-
other
24
-
47
-
unemployment
382
-
733
-
pensions
1 158
-
2 224
-
income
5 148
-
21 749
-
total
6 712
-
24 753
-
Employer
24 649
-
70 919
-
other
198
-
379
-
accident
488
-
937
-
unemployment
1 356
-
2 602
-
pensions
5 817
-
11 165
-
total
7 859
-
15 083
-
Corporate
53 492
86 000
-
-
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.

8 024
12 900
-
-
total
8 024
12 900
-
-
Dividends
45 468
73 100
-
-
withholding
9 432
15 728
-
-
total
9 432
15 728
-
-
Income
86 000
86 000
86 000
86 000
Total tax
32 027
28 628
39 836
37 692
After tax
53 973
57 372
46 164
48 308
Living cost
17 937
17 937
17 937
17 937
Free-cash
36 036
39 435
28 227
30 371

Estimated living cost  is ₴17937 per week

₴12882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
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.
₴3408
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