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
₴27683
₴38954
₴29886
₴35417
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
pensions
-
-
-
13 769
accident
-
-
-
438
unemployment
-
-
-
341
other
-
-
-
49
income
-
-
-
23 068
total
-
-
-
37 665
Employee
25 352
-
70 489
-
unemployment
392
-
754
-
pensions
1 191
-
2 287
-
other
25
-
49
-
income
5 295
-
21 266
-
total
6 903
-
24 356
-
Employer
25 352
-
70 489
-
pensions
5 983
-
11 483
-
other
203
-
390
-
unemployment
1 395
-
2 676
-
accident
502
-
963
-
total
8 083
-
15 512
-
Corporate
52 565
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.

7 885
12 900
-
-
total
7 885
12 900
-
-
Dividends
44 680
73 100
-
-
withholding
9 263
15 697
-
-
total
9 263
15 697
-
-
Income
86 000
86 000
86 000
86 000
Total tax
32 134
28 597
39 868
37 665
After tax
53 866
57 403
46 132
48 335
Living cost
18 449
18 449
18 449
18 449
Free-cash
35 417
38 954
27 683
29 886

Estimated living cost  is ₴18449 per week

₴13249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1434
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
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.
₴3506
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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