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
₴ 95500
per

Your estimated
City
free-cash

Madrid , Spain
₴49045
₴39813
₴41239
₴51272
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
-
-
-
95 500
unemployment
-
-
-
221
income
-
-
-
32 844
other
-
-
-
32
accident
-
-
-
284
pensions
-
-
-
8 924
total
-
-
-
42 305
Employee
16 431
-
85 447
-
unemployment
254
-
489
-
pensions
772
-
1 482
-
income
3 432
-
31 676
-
other
16
-
32
-
total
4 474
-
33 679
-
Employer
16 431
-
85 447
-
pensions
3 878
-
7 442
-
accident
325
-
624
-
unemployment
904
-
1 734
-
other
132
-
252
-
total
5 239
-
10 052
-
Corporate
73 831
95 500
-
-
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.

11 075
14 325
-
-
total
11 075
14 325
-
-
Dividends
62 756
81 175
-
-
withholding
13 711
17 947
-
-
total
13 711
17 947
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 499
32 272
43 731
42 305
After tax
61 001
63 228
51 769
53 195
Living cost
11 956
11 956
11 956
11 956
Free-cash
49 045
51 272
39 813
41 239

Estimated living cost  is ₴11956 per week

₴8587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴169
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.
₴2272
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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