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
₽ 115500
per

Your estimated
City
free-cash

Madrid , Spain
₽31489
₽44971
₽38102
₽27031
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
-
-
-
115 500
accident
-
-
-
774
other
-
-
-
86
pensions
-
-
-
24 327
unemployment
-
-
-
602
income
-
-
-
25 627
total
-
-
-
51 416
Employee
44 792
-
88 095
-
pensions
2 105
-
4 041
-
unemployment
693
-
1 332
-
other
44
-
86
-
income
9 355
-
23 010
-
total
12 197
-
28 469
-
Employer
44 792
-
88 095
-
accident
887
-
1 702
-
pensions
10 571
-
20 288
-
other
359
-
688
-
unemployment
2 464
-
4 727
-
total
14 281
-
27 405
-
Corporate
56 427
115 500
-
-
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.

8 464
17 326
-
-
total
8 464
17 326
-
-
Dividends
47 964
98 174
-
-
withholding
9 861
20 608
-
-
total
9 861
20 608
-
-
Income
115 500
115 500
115 500
115 500
Total tax
44 803
37 934
55 874
51 416
After tax
70 697
77 566
59 626
64 084
Living cost
32 595
32 595
32 595
32 595
Free-cash
38 102
44 971
27 031
31 489

Estimated living cost  is ₽32595 per week

₽23408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
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.
₽6194
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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