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
₴45255
₴36641
₴38054
₴47458
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
unemployment
-
-
-
219
income
-
-
-
30 245
other
-
-
-
31
accident
-
-
-
281
pensions
-
-
-
8 834
total
-
-
-
39 610
Employee
16 265
-
79 548
-
unemployment
252
-
484
-
pensions
764
-
1 467
-
income
3 397
-
29 089
-
other
16
-
31
-
total
4 429
-
31 071
-
Employer
16 265
-
79 548
-
pensions
3 839
-
7 367
-
accident
322
-
618
-
unemployment
895
-
1 717
-
other
130
-
250
-
total
5 186
-
9 952
-
Corporate
68 049
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.

10 207
13 425
-
-
total
10 207
13 425
-
-
Dividends
57 841
76 075
-
-
withholding
12 587
16 781
-
-
total
12 587
16 781
-
-
Income
89 500
89 500
89 500
89 500
Total tax
32 409
30 206
41 023
39 610
After tax
57 091
59 294
48 477
49 890
Living cost
11 836
11 836
11 836
11 836
Free-cash
45 255
47 458
36 641
38 054

Estimated living cost  is ₴11836 per week

₴8500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴167
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.
₴2249
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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