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
₽37451
₽30808
₽44469
₽26280
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
-
-
-
787
unemployment
-
-
-
612
pensions
-
-
-
24 727
other
-
-
-
88
income
-
-
-
25 347
total
-
-
-
51 561
Employee
45 528
-
87 644
-
pensions
2 140
-
4 107
-
other
45
-
88
-
income
9 509
-
22 685
-
unemployment
705
-
1 354
-
total
12 399
-
28 234
-
Employer
45 528
-
87 644
-
accident
902
-
1 730
-
other
365
-
699
-
unemployment
2 505
-
4 805
-
pensions
10 744
-
20 621
-
total
14 516
-
27 855
-
Corporate
55 457
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.

8 319
17 324
-
-
total
8 319
17 324
-
-
Dividends
47 138
98 176
-
-
withholding
9 684
20 576
-
-
total
9 684
20 576
-
-
Income
115 500
115 500
115 500
115 500
Total tax
44 918
37 900
56 089
51 561
After tax
70 582
77 600
59 411
63 939
Living cost
33 131
33 131
33 131
33 131
Free-cash
37 451
44 469
26 280
30 808

Estimated living cost  is ₽33131 per week

₽23793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2576
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.
₽6295
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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