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
₽26152
₽44374
₽30683
₽37332
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
-
-
-
25 295
pensions
-
-
-
24 801
unemployment
-
-
-
614
accident
-
-
-
789
other
-
-
-
88
total
-
-
-
51 587
Employee
45 664
-
87 579
-
pensions
2 146
-
4 116
-
other
45
-
88
-
income
9 538
-
22 634
-
unemployment
707
-
1 358
-
total
12 436
-
28 196
-
Employer
45 664
-
87 579
-
accident
904
-
1 733
-
unemployment
2 512
-
4 818
-
other
366
-
702
-
pensions
10 777
-
20 669
-
total
14 559
-
27 922
-
Corporate
55 277
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.

8 291
17 326
-
-
total
8 291
17 326
-
-
Dividends
46 985
98 174
-
-
withholding
9 652
20 570
-
-
total
9 652
20 570
-
-
Income
115 500
115 500
115 500
115 500
Total tax
44 938
37 896
56 118
51 587
After tax
70 562
77 604
59 382
63 913
Living cost
33 230
33 230
33 230
33 230
Free-cash
37 332
44 374
26 152
30 683

Estimated living cost  is ₽33230 per week

₽23864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
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.
₽6314
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.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close