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
₴ 96000
per

Your estimated
City
free-cash

Madrid , Spain
₴45851
₴33581
₴42486
₴35740
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
-
-
-
96 000
income
-
-
-
27 886
pensions
-
-
-
13 489
unemployment
-
-
-
334
other
-
-
-
48
accident
-
-
-
429
total
-
-
-
42 186
Employee
24 837
-
80 804
-
unemployment
385
-
739
-
income
5 188
-
26 120
-
pensions
1 167
-
2 241
-
other
24
-
48
-
total
6 764
-
29 148
-
Employer
24 837
-
80 804
-
unemployment
1 366
-
2 621
-
pensions
5 861
-
11 250
-
accident
492
-
944
-
other
199
-
382
-
total
7 918
-
15 197
-
Corporate
63 244
96 000
-
-
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.

9 487
14 400
-
-
total
9 487
14 400
-
-
Dividends
53 757
81 600
-
-
withholding
11 271
17 675
-
-
total
11 271
17 675
-
-
Income
96 000
96 000
96 000
96 000
Total tax
35 440
32 075
44 345
42 186
After tax
60 560
63 925
51 655
53 814
Living cost
18 074
18 074
18 074
18 074
Free-cash
42 486
45 851
33 581
35 740

Estimated living cost  is ₴18074 per week

₴12980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
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.
₴3434
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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