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
₽29157
₽46394
₽33408
₽39934
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
income
-
-
-
26 421
pensions
-
-
-
23 197
other
-
-
-
82
unemployment
-
-
-
574
accident
-
-
-
738
total
-
-
-
51 012
Employee
42 711
-
89 368
-
unemployment
661
-
1 270
-
pensions
2 007
-
3 853
-
other
42
-
82
-
income
8 921
-
23 926
-
total
11 631
-
29 131
-
Employer
42 711
-
89 368
-
accident
846
-
1 623
-
other
342
-
656
-
unemployment
2 350
-
4 508
-
pensions
10 080
-
19 345
-
total
13 618
-
26 132
-
Corporate
59 172
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.

8 876
17 325
-
-
total
8 876
17 325
-
-
Dividends
50 296
98 175
-
-
withholding
10 361
20 701
-
-
total
10 361
20 701
-
-
Income
115 500
115 500
115 500
115 500
Total tax
44 486
38 026
55 263
51 012
After tax
71 014
77 474
60 237
64 488
Living cost
31 080
31 080
31 080
31 080
Free-cash
39 934
46 394
29 157
33 408

Estimated living cost  is ₽31080 per week

₽22321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
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.
₽5906
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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