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
₴ 96500
per

Your estimated
City
free-cash

Madrid , Spain
₴42806
₴36010
₴46174
₴33852
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
-
-
-
96 500
accident
-
-
-
430
unemployment
-
-
-
334
pensions
-
-
-
13 493
other
-
-
-
48
income
-
-
-
28 106
total
-
-
-
42 411
Employee
24 844
-
81 300
-
pensions
1 168
-
2 241
-
other
24
-
48
-
income
5 189
-
26 340
-
unemployment
385
-
739
-
total
6 766
-
29 368
-
Employer
24 844
-
81 300
-
accident
492
-
944
-
other
199
-
382
-
unemployment
1 367
-
2 622
-
pensions
5 863
-
11 253
-
total
7 921
-
15 201
-
Corporate
63 736
96 500
-
-
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.

9 561
14 475
-
-
total
9 561
14 475
-
-
Dividends
54 175
82 025
-
-
withholding
11 367
17 772
-
-
total
11 367
17 772
-
-
Income
96 500
96 500
96 500
96 500
Total tax
35 615
32 247
44 569
42 411
After tax
60 885
64 253
51 931
54 089
Living cost
18 079
18 079
18 079
18 079
Free-cash
42 806
46 174
33 852
36 010

Estimated living cost  is ₴18079 per week

₴12983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1406
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.
₴3435
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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