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
₽ 118000
per

Your estimated
City
free-cash

Madrid , Spain
₽33077
₽37099
₽43639
₽49600
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
-
-
-
118 000
other
-
-
-
78
unemployment
-
-
-
543
pensions
-
-
-
21 948
income
-
-
-
28 225
accident
-
-
-
699
total
-
-
-
51 493
Employee
40 412
-
93 274
-
pensions
1 899
-
3 646
-
income
8 441
-
25 863
-
unemployment
626
-
1 202
-
other
40
-
78
-
total
11 006
-
30 789
-
Employer
40 412
-
93 274
-
other
324
-
621
-
accident
800
-
1 536
-
pensions
9 537
-
18 304
-
unemployment
2 223
-
4 265
-
total
12 884
-
24 726
-
Corporate
64 703
118 000
-
-
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.

9 705
17 701
-
-
total
9 705
17 701
-
-
Dividends
54 998
100 299
-
-
withholding
11 358
21 291
-
-
total
11 358
21 291
-
-
Income
118 000
118 000
118 000
118 000
Total tax
44 953
38 992
55 515
51 493
After tax
73 047
79 008
62 485
66 507
Living cost
29 408
29 408
29 408
29 408
Free-cash
43 639
49 600
33 077
37 099

Estimated living cost  is ₽29408 per week

₽21120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
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.
₽5588
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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