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
₴ 92000
per

Your estimated
City
free-cash

Madrid , Spain
₴31178
₴43052
₴33359
₴39650
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
-
-
-
92 000
income
-
-
-
25 923
pensions
-
-
-
13 633
unemployment
-
-
-
337
accident
-
-
-
434
other
-
-
-
48
total
-
-
-
40 375
Employee
25 101
-
76 642
-
pensions
1 180
-
2 265
-
other
25
-
48
-
income
5 243
-
24 138
-
unemployment
389
-
747
-
total
6 837
-
27 198
-
Employer
25 101
-
76 642
-
accident
497
-
954
-
unemployment
1 381
-
2 649
-
other
201
-
386
-
pensions
5 924
-
11 369
-
total
8 003
-
15 358
-
Corporate
58 896
92 000
-
-
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.

8 834
13 800
-
-
total
8 834
13 800
-
-
Dividends
50 062
78 200
-
-
withholding
10 410
16 882
-
-
total
10 410
16 882
-
-
Income
92 000
92 000
92 000
92 000
Total tax
34 084
30 682
42 556
40 375
After tax
57 916
61 318
49 444
51 625
Living cost
18 266
18 266
18 266
18 266
Free-cash
39 650
43 052
31 178
33 359

Estimated living cost  is ₴18266 per week

₴13118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1420
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.
₴3471
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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