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
₴43740
₴47061
₴34666
₴36795
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
-
-
-
329
income
-
-
-
28 766
pensions
-
-
-
13 308
accident
-
-
-
424
total
-
-
-
42 874
Employee
24 504
-
82 508
-
unemployment
379
-
729
-
other
24
-
47
-
pensions
1 152
-
2 211
-
income
5 118
-
27 024
-
total
6 673
-
30 011
-
Employer
24 504
-
82 508
-
other
196
-
376
-
accident
485
-
931
-
pensions
5 783
-
11 099
-
unemployment
1 348
-
2 586
-
total
7 812
-
14 992
-
Corporate
65 184
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.

9 778
14 625
-
-
total
9 778
14 625
-
-
Dividends
55 407
82 875
-
-
withholding
11 666
17 983
-
-
total
11 666
17 983
-
-
Income
97 500
97 500
97 500
97 500
Total tax
35 929
32 608
45 003
42 874
After tax
61 571
64 892
52 497
54 626
Living cost
17 831
17 831
17 831
17 831
Free-cash
43 740
47 061
34 666
36 795

Estimated living cost  is ₴17831 per week

₴12806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1386
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
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.
₴3388
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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