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
₽31890
₽45269
₽38483
₽27477
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
-
-
-
767
other
-
-
-
85
pensions
-
-
-
24 090
unemployment
-
-
-
596
income
-
-
-
25 794
total
-
-
-
51 332
Employee
44 356
-
88 361
-
pensions
2 085
-
4 002
-
unemployment
687
-
1 319
-
other
44
-
85
-
income
9 264
-
23 202
-
total
12 080
-
28 608
-
Employer
44 356
-
88 361
-
accident
878
-
1 685
-
pensions
10 468
-
20 090
-
other
356
-
681
-
unemployment
2 440
-
4 681
-
total
14 142
-
27 137
-
Corporate
57 002
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.

8 551
17 324
-
-
total
8 551
17 324
-
-
Dividends
48 451
98 176
-
-
withholding
9 966
20 629
-
-
total
9 966
20 629
-
-
Income
115 500
115 500
115 500
115 500
Total tax
44 739
37 953
55 745
51 332
After tax
70 761
77 547
59 755
64 168
Living cost
32 278
32 278
32 278
32 278
Free-cash
38 483
45 269
27 477
31 890

Estimated living cost  is ₽32278 per week

₽23181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
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.
₽6133
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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