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
₴ 89500
per

Your estimated
City
free-cash

Madrid , Spain
₴44511
₴35092
₴33305
₴41722
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
-
-
-
89 500
income
-
-
-
27 588
unemployment
-
-
-
276
other
-
-
-
40
pensions
-
-
-
11 175
accident
-
-
-
356
total
-
-
-
39 435
Employee
20 575
-
76 911
-
pensions
967
-
1 856
-
unemployment
319
-
612
-
other
20
-
40
-
income
4 297
-
26 125
-
total
5 603
-
28 633
-
Employer
20 575
-
76 911
-
accident
407
-
782
-
unemployment
1 132
-
2 172
-
pensions
4 856
-
9 319
-
other
165
-
316
-
total
6 560
-
12 589
-
Corporate
62 365
89 500
-
-
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.

9 355
13 425
-
-
total
9 355
13 425
-
-
Dividends
53 010
76 075
-
-
withholding
11 287
16 591
-
-
total
11 287
16 591
-
-
Income
89 500
89 500
89 500
89 500
Total tax
32 805
30 016
41 222
39 435
After tax
56 695
59 484
48 278
50 065
Living cost
14 973
14 973
14 973
14 973
Free-cash
41 722
44 511
33 305
35 092

Estimated living cost  is ₴14973 per week

₴10753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
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.
₴2845
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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