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
₴35818
₴39264
₴28035
₴30199
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
unemployment
-
-
-
335
income
-
-
-
23 348
pensions
-
-
-
13 522
accident
-
-
-
430
total
-
-
-
37 683
Employee
24 898
-
70 767
-
unemployment
385
-
741
-
other
24
-
48
-
pensions
1 170
-
2 246
-
income
5 200
-
21 578
-
total
6 779
-
24 613
-
Employer
24 898
-
70 767
-
other
200
-
383
-
accident
493
-
946
-
pensions
5 876
-
11 277
-
unemployment
1 370
-
2 628
-
total
7 939
-
15 234
-
Corporate
53 164
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.

7 974
12 900
-
-
total
7 974
12 900
-
-
Dividends
45 190
73 100
-
-
withholding
9 372
15 718
-
-
total
9 372
15 718
-
-
Income
86 000
86 000
86 000
86 000
Total tax
32 064
28 618
39 847
37 683
After tax
53 936
57 382
46 153
48 317
Living cost
18 118
18 118
18 118
18 118
Free-cash
35 818
39 264
28 035
30 199

Estimated living cost  is ₴18118 per week

₴13012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
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.
₴3443
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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