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
₴ 97500
per

Your estimated
City
free-cash

Madrid , Spain
₴43325
₴46715
₴34274
₴36448
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
-
-
-
97 500
other
-
-
-
48
unemployment
-
-
-
336
income
-
-
-
28 453
pensions
-
-
-
13 583
accident
-
-
-
432
total
-
-
-
42 852
Employee
25 010
-
82 198
-
unemployment
387
-
744
-
other
25
-
48
-
pensions
1 175
-
2 256
-
income
5 224
-
26 676
-
total
6 811
-
29 724
-
Employer
25 010
-
82 198
-
other
200
-
384
-
accident
495
-
950
-
pensions
5 902
-
11 328
-
unemployment
1 376
-
2 640
-
total
7 973
-
15 302
-
Corporate
64 516
97 500
-
-
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.

9 678
14 625
-
-
total
9 678
14 625
-
-
Dividends
54 838
82 875
-
-
withholding
11 513
17 960
-
-
total
11 513
17 960
-
-
Income
97 500
97 500
97 500
97 500
Total tax
35 975
32 585
45 026
42 852
After tax
61 525
64 915
52 474
54 648
Living cost
18 200
18 200
18 200
18 200
Free-cash
43 325
46 715
34 274
36 448

Estimated living cost  is ₴18200 per week

₴13070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴256
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.
₴3458
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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