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
₴29849
₴35367
₴27641
₴38915
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
-
-
-
49
pensions
-
-
-
13 800
income
-
-
-
23 032
accident
-
-
-
439
unemployment
-
-
-
341
total
-
-
-
37 661
Employee
25 409
-
70 454
-
pensions
1 194
-
2 292
-
income
5 307
-
21 226
-
other
25
-
49
-
unemployment
393
-
756
-
total
6 919
-
24 323
-
Employer
25 409
-
70 454
-
pensions
5 996
-
11 509
-
other
204
-
390
-
unemployment
1 398
-
2 682
-
accident
503
-
965
-
total
8 101
-
15 546
-
Corporate
52 490
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.

7 874
12 900
-
-
total
7 874
12 900
-
-
Dividends
44 616
73 100
-
-
withholding
9 249
15 695
-
-
total
9 249
15 695
-
-
Income
86 000
86 000
86 000
86 000
Total tax
32 143
28 595
39 869
37 661
After tax
53 857
57 405
46 131
48 339
Living cost
18 490
18 490
18 490
18 490
Free-cash
35 367
38 915
27 641
29 849

Estimated living cost  is ₴18490 per week

₴13279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
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.
₴3513
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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