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
₴ 91500
per

Your estimated
City
free-cash

Madrid , Spain
₴30966
₴42780
₴33140
₴39388
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
-
-
-
91 500
income
-
-
-
25 746
pensions
-
-
-
13 589
unemployment
-
-
-
336
accident
-
-
-
433
other
-
-
-
48
total
-
-
-
40 152
Employee
25 021
-
76 191
-
pensions
1 176
-
2 257
-
other
25
-
48
-
income
5 226
-
23 968
-
unemployment
387
-
744
-
total
6 814
-
27 017
-
Employer
25 021
-
76 191
-
accident
496
-
951
-
unemployment
1 376
-
2 641
-
other
201
-
384
-
pensions
5 905
-
11 333
-
total
7 978
-
15 309
-
Corporate
58 502
91 500
-
-
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.

8 776
13 725
-
-
total
8 776
13 725
-
-
Dividends
49 726
77 775
-
-
withholding
10 336
16 787
-
-
total
10 336
16 787
-
-
Income
91 500
91 500
91 500
91 500
Total tax
33 904
30 512
42 326
40 152
After tax
57 596
60 988
49 174
51 348
Living cost
18 208
18 208
18 208
18 208
Free-cash
39 388
42 780
30 966
33 140

Estimated living cost  is ₴18208 per week

₴13076
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.
₴3460
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.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close