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
₴40847
₴32309
₴44050
₴34361
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
accident
-
-
-
409
income
-
-
-
26 822
pensions
-
-
-
12 840
other
-
-
-
46
unemployment
-
-
-
318
total
-
-
-
40 435
Employee
23 642
-
77 535
-
unemployment
366
-
703
-
pensions
1 111
-
2 133
-
income
4 938
-
25 141
-
other
23
-
46
-
total
6 438
-
28 023
-
Employer
23 642
-
77 535
-
pensions
5 579
-
10 708
-
other
190
-
363
-
unemployment
1 301
-
2 495
-
accident
468
-
898
-
total
7 538
-
14 464
-
Corporate
60 820
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.

9 123
13 800
-
-
total
9 123
13 800
-
-
Dividends
51 697
78 200
-
-
withholding
10 850
16 946
-
-
total
10 850
16 946
-
-
Income
92 000
92 000
92 000
92 000
Total tax
33 949
30 746
42 487
40 435
After tax
58 051
61 254
49 513
51 565
Living cost
17 204
17 204
17 204
17 204
Free-cash
40 847
44 050
32 309
34 361

Estimated living cost  is ₴17204 per week

₴12355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
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.
₴3269
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