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
₴ 94500
per

Your estimated
City
free-cash

Madrid , Spain
₴45502
₴33473
₴35551
₴42262
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
-
-
-
94 500
accident
-
-
-
413
income
-
-
-
27 781
other
-
-
-
46
unemployment
-
-
-
321
pensions
-
-
-
12 987
total
-
-
-
41 548
Employee
23 912
-
79 869
-
other
23
-
46
-
unemployment
370
-
711
-
pensions
1 124
-
2 157
-
income
4 994
-
26 081
-
total
6 511
-
28 995
-
Employer
23 912
-
79 869
-
pensions
5 643
-
10 831
-
accident
474
-
909
-
unemployment
1 315
-
2 524
-
other
192
-
367
-
total
7 624
-
14 631
-
Corporate
62 964
94 500
-
-
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.

9 445
14 175
-
-
total
9 445
14 175
-
-
Dividends
53 519
80 325
-
-
withholding
11 257
17 422
-
-
total
11 257
17 422
-
-
Income
94 500
94 500
94 500
94 500
Total tax
34 837
31 597
43 626
41 548
After tax
59 663
62 903
50 874
52 952
Living cost
17 401
17 401
17 401
17 401
Free-cash
42 262
45 502
33 473
35 551

Estimated living cost  is ₴17401 per week

₴12497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
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.
₴3306
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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