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
₽ 115000
per

Your estimated
City
free-cash

Madrid , Spain
₽41945
₽34287
₽27536
₽24213
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
-
-
-
115 000
accident
-
-
-
843
income
-
-
-
23 934
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
51 997
Employee
48 739
-
87 200
-
other
48
-
88
-
income
10 180
-
21 983
-
pensions
2 290
-
4 098
-
unemployment
755
-
1 352
-
total
13 273
-
27 521
-
Employer
48 739
-
87 200
-
accident
965
-
1 727
-
other
391
-
697
-
unemployment
2 681
-
4 795
-
pensions
11 502
-
20 580
-
total
15 539
-
27 799
-
Corporate
50 722
115 000
-
-
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.

7 609
17 249
-
-
total
7 609
17 249
-
-
Dividends
43 113
97 751
-
-
withholding
8 825
20 339
-
-
total
8 825
20 339
-
-
Income
115 000
115 000
115 000
115 000
Total tax
45 246
37 588
55 320
51 997
After tax
69 754
77 412
59 680
63 003
Living cost
35 467
35 467
35 467
35 467
Free-cash
34 287
41 945
24 213
27 536

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
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.
₽6739
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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