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
₴43611
₴46952
₴34543
₴36687
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
-
-
-
47
unemployment
-
-
-
331
income
-
-
-
28 668
pensions
-
-
-
13 394
accident
-
-
-
426
total
-
-
-
42 866
Employee
24 662
-
82 411
-
unemployment
382
-
734
-
other
24
-
47
-
pensions
1 159
-
2 225
-
income
5 151
-
26 915
-
total
6 716
-
29 921
-
Employer
24 662
-
82 411
-
other
198
-
379
-
accident
488
-
937
-
pensions
5 820
-
11 170
-
unemployment
1 357
-
2 603
-
total
7 863
-
15 089
-
Corporate
64 975
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.

9 746
14 625
-
-
total
9 746
14 625
-
-
Dividends
55 229
82 875
-
-
withholding
11 617
17 976
-
-
total
11 617
17 976
-
-
Income
97 500
97 500
97 500
97 500
Total tax
35 942
32 601
45 010
42 866
After tax
61 558
64 899
52 490
54 634
Living cost
17 947
17 947
17 947
17 947
Free-cash
43 611
46 952
34 543
36 687

Estimated living cost  is ₴17947 per week

₴12888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
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.
₴3410
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