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
₽38107
₽44975
₽27036
₽31494
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
other
-
-
-
86
unemployment
-
-
-
602
income
-
-
-
25 629
pensions
-
-
-
24 324
accident
-
-
-
774
total
-
-
-
51 415
Employee
44 786
-
88 098
-
unemployment
693
-
1 332
-
other
44
-
86
-
pensions
2 105
-
4 041
-
income
9 354
-
23 012
-
total
12 196
-
28 471
-
Employer
44 786
-
88 098
-
other
359
-
688
-
accident
887
-
1 702
-
pensions
10 569
-
20 285
-
unemployment
2 464
-
4 727
-
total
14 279
-
27 402
-
Corporate
56 434
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.

8 465
17 325
-
-
total
8 465
17 325
-
-
Dividends
47 970
98 175
-
-
withholding
9 862
20 609
-
-
total
9 862
20 609
-
-
Income
115 500
115 500
115 500
115 500
Total tax
44 802
37 934
55 873
51 415
After tax
70 698
77 566
59 627
64 085
Living cost
32 591
32 591
32 591
32 591
Free-cash
38 107
44 975
27 036
31 494

Estimated living cost  is ₽32591 per week

₽23405
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.
₽6193
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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