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
₴28106
₴39328
₴30262
₴35898
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
-
-
-
48
accident
-
-
-
429
income
-
-
-
23 405
pensions
-
-
-
13 472
unemployment
-
-
-
333
total
-
-
-
37 687
Employee
24 806
-
70 823
-
income
5 181
-
21 642
-
other
24
-
48
-
pensions
1 166
-
2 238
-
unemployment
384
-
738
-
total
6 755
-
24 666
-
Employer
24 806
-
70 823
-
other
199
-
381
-
unemployment
1 365
-
2 618
-
accident
491
-
943
-
pensions
5 854
-
11 235
-
total
7 909
-
15 177
-
Corporate
53 286
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.

7 993
12 900
-
-
total
7 993
12 900
-
-
Dividends
45 293
73 100
-
-
withholding
9 394
15 721
-
-
total
9 394
15 721
-
-
Income
86 000
86 000
86 000
86 000
Total tax
32 051
28 621
39 843
37 687
After tax
53 949
57 379
46 157
48 313
Living cost
18 051
18 051
18 051
18 051
Free-cash
35 898
39 328
28 106
30 262

Estimated living cost  is ₴18051 per week

₴12963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
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.
₴3430
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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