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
₽25423
₽43476
₽29475
₽36174
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
-
-
-
90
accident
-
-
-
812
income
-
-
-
24 792
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
51 839
Employee
46 978
-
87 580
-
income
9 812
-
22 412
-
other
46
-
87
-
pensions
2 208
-
4 116
-
unemployment
727
-
1 357
-
total
12 793
-
27 972
-
Employer
46 978
-
87 580
-
other
377
-
701
-
unemployment
2 584
-
4 816
-
accident
930
-
1 733
-
pensions
11 087
-
20 669
-
total
14 978
-
27 919
-
Corporate
53 544
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.

8 032
17 324
-
-
total
8 032
17 324
-
-
Dividends
45 512
98 176
-
-
withholding
9 337
20 514
-
-
total
9 337
20 514
-
-
Income
115 500
115 500
115 500
115 500
Total tax
45 140
37 838
55 891
51 839
After tax
70 360
77 662
59 609
63 661
Living cost
34 186
34 186
34 186
34 186
Free-cash
36 174
43 476
25 423
29 475

Estimated living cost  is ₽34186 per week

₽24551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
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.
₽6496
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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