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
₽37425
₽26248
₽44448
₽30781
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
-
-
-
788
income
-
-
-
25 334
pensions
-
-
-
24 744
other
-
-
-
88
unemployment
-
-
-
612
total
-
-
-
51 566
Employee
45 559
-
87 625
-
unemployment
705
-
1 355
-
pensions
2 141
-
4 110
-
income
9 516
-
22 672
-
other
45
-
88
-
total
12 407
-
28 225
-
Employer
45 559
-
87 625
-
pensions
10 752
-
20 635
-
other
365
-
700
-
unemployment
2 506
-
4 808
-
accident
902
-
1 731
-
total
14 525
-
27 874
-
Corporate
55 416
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.

8 312
17 325
-
-
total
8 312
17 325
-
-
Dividends
47 104
98 175
-
-
withholding
9 678
20 574
-
-
total
9 678
20 574
-
-
Income
115 500
115 500
115 500
115 500
Total tax
44 922
37 899
56 099
51 566
After tax
70 578
77 601
59 401
63 934
Living cost
33 153
33 153
33 153
33 153
Free-cash
37 425
44 448
26 248
30 781

Estimated living cost  is ₽33153 per week

₽23809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
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.
₽6300
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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