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
₴39173
₴35698
₴30107
₴27931
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
unemployment
-
-
-
336
accident
-
-
-
433
income
-
-
-
23 265
pensions
-
-
-
13 595
other
-
-
-
48
total
-
-
-
37 677
Employee
25 032
-
70 684
-
pensions
1 176
-
2 258
-
unemployment
388
-
745
-
income
5 228
-
21 486
-
other
25
-
48
-
total
6 817
-
24 537
-
Employer
25 032
-
70 684
-
pensions
5 907
-
11 338
-
accident
496
-
951
-
other
201
-
385
-
unemployment
1 377
-
2 642
-
total
7 981
-
15 316
-
Corporate
52 987
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.

7 948
12 900
-
-
total
7 948
12 900
-
-
Dividends
45 039
73 100
-
-
withholding
9 340
15 711
-
-
total
9 340
15 711
-
-
Income
86 000
86 000
86 000
86 000
Total tax
32 086
28 611
39 853
37 677
After tax
53 914
57 389
46 147
48 323
Living cost
18 216
18 216
18 216
18 216
Free-cash
35 698
39 173
27 931
30 107

Estimated living cost  is ₴18216 per week

₴13082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1416
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.
₴3461
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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