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
₽38266
₽31662
₽45102
₽27224
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
-
-
-
771
unemployment
-
-
-
599
pensions
-
-
-
24 224
other
-
-
-
86
income
-
-
-
25 701
total
-
-
-
51 381
Employee
44 602
-
88 211
-
pensions
2 096
-
4 024
-
other
44
-
86
-
income
9 316
-
23 093
-
unemployment
691
-
1 327
-
total
12 147
-
28 530
-
Employer
44 602
-
88 211
-
accident
883
-
1 695
-
other
358
-
685
-
unemployment
2 454
-
4 707
-
pensions
10 526
-
20 202
-
total
14 221
-
27 289
-
Corporate
56 677
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.

8 502
17 324
-
-
total
8 502
17 324
-
-
Dividends
48 176
98 176
-
-
withholding
9 907
20 617
-
-
total
9 907
20 617
-
-
Income
115 500
115 500
115 500
115 500
Total tax
44 777
37 941
55 819
51 381
After tax
70 723
77 559
59 681
64 119
Living cost
32 457
32 457
32 457
32 457
Free-cash
38 266
45 102
27 224
31 662

Estimated living cost  is ₽32457 per week

₽23309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2524
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
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.
₽6167
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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