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
₴36100
₴34301
₴42922
₴45727
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
other
-
-
-
40
unemployment
-
-
-
278
accident
-
-
-
358
income
-
-
-
28 405
pensions
-
-
-
11 248
total
-
-
-
40 329
Employee
20 710
-
78 829
-
income
4 326
-
26 933
-
pensions
973
-
1 868
-
unemployment
321
-
616
-
other
20
-
40
-
total
5 640
-
29 457
-
Employer
20 710
-
78 829
-
pensions
4 887
-
9 380
-
other
166
-
318
-
accident
410
-
787
-
unemployment
1 139
-
2 186
-
total
6 602
-
12 671
-
Corporate
64 187
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.

9 628
13 725
-
-
total
9 628
13 725
-
-
Dividends
54 559
77 775
-
-
withholding
11 637
16 977
-
-
total
11 637
16 977
-
-
Income
91 500
91 500
91 500
91 500
Total tax
33 507
30 702
42 128
40 329
After tax
57 993
60 798
49 372
51 171
Living cost
15 071
15 071
15 071
15 071
Free-cash
42 922
45 727
34 301
36 100

Estimated living cost  is ₴15071 per week

₴10823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
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.
₴2864
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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Estimated living cost

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