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
₴43241
₴46644
₴34193
₴36376
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
-
-
-
337
income
-
-
-
28 390
pensions
-
-
-
13 640
accident
-
-
-
434
total
-
-
-
42 849
Employee
25 114
-
82 134
-
unemployment
389
-
747
-
other
25
-
48
-
pensions
1 180
-
2 266
-
income
5 245
-
26 605
-
total
6 839
-
29 666
-
Employer
25 114
-
82 134
-
other
201
-
386
-
accident
497
-
954
-
pensions
5 927
-
11 375
-
unemployment
1 382
-
2 651
-
total
8 007
-
15 366
-
Corporate
64 379
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.

9 657
14 625
-
-
total
9 657
14 625
-
-
Dividends
54 722
82 875
-
-
withholding
11 481
17 956
-
-
total
11 481
17 956
-
-
Income
97 500
97 500
97 500
97 500
Total tax
35 984
32 581
45 032
42 849
After tax
61 516
64 919
52 468
54 651
Living cost
18 275
18 275
18 275
18 275
Free-cash
43 241
46 644
34 193
36 376

Estimated living cost  is ₴18275 per week

₴13125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
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.
₴3473
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.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close