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
₽25642
₽43748
₽29841
₽36527
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
pensions
-
-
-
25 298
accident
-
-
-
805
unemployment
-
-
-
626
other
-
-
-
90
income
-
-
-
24 944
total
-
-
-
51 763
Employee
46 580
-
87 579
-
unemployment
721
-
1 358
-
pensions
2 189
-
4 116
-
other
46
-
88
-
income
9 729
-
22 479
-
total
12 685
-
28 041
-
Employer
46 580
-
87 579
-
pensions
10 993
-
20 670
-
other
373
-
701
-
unemployment
2 562
-
4 817
-
accident
922
-
1 733
-
total
14 850
-
27 921
-
Corporate
54 069
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.

8 110
17 326
-
-
total
8 110
17 326
-
-
Dividends
45 959
98 174
-
-
withholding
9 432
20 530
-
-
total
9 432
20 530
-
-
Income
115 500
115 500
115 500
115 500
Total tax
45 077
37 856
55 962
51 763
After tax
70 423
77 644
59 538
63 737
Living cost
33 896
33 896
33 896
33 896
Free-cash
36 527
43 748
25 642
29 841

Estimated living cost  is ₽33896 per week

₽24343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
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.
₽6441
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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