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
₴46637
₴34186
₴43233
₴36369
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
accident
-
-
-
434
unemployment
-
-
-
338
pensions
-
-
-
13 645
other
-
-
-
48
income
-
-
-
28 384
total
-
-
-
42 849
Employee
25 123
-
82 129
-
pensions
1 181
-
2 267
-
income
5 247
-
26 598
-
unemployment
389
-
747
-
other
25
-
48
-
total
6 842
-
29 660
-
Employer
25 123
-
82 129
-
other
201
-
386
-
unemployment
1 382
-
2 652
-
accident
498
-
955
-
pensions
5 929
-
11 379
-
total
8 010
-
15 372
-
Corporate
64 367
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.

9 655
14 625
-
-
total
9 655
14 625
-
-
Dividends
54 712
82 875
-
-
withholding
11 478
17 956
-
-
total
11 478
17 956
-
-
Income
97 500
97 500
97 500
97 500
Total tax
35 985
32 581
45 032
42 849
After tax
61 515
64 919
52 468
54 651
Living cost
18 282
18 282
18 282
18 282
Free-cash
43 233
46 637
34 186
36 369

Estimated living cost  is ₴18282 per week

₴13130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1422
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.
₴3474
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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