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
₽46120
₽27881
₽32407
₽39154
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
accident
-
-
-
787
income
-
-
-
26 282
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
52 481
Employee
45 502
-
90 160
-
other
45
-
88
-
unemployment
704
-
1 353
-
pensions
2 138
-
4 105
-
income
9 504
-
23 621
-
total
12 391
-
29 167
-
Employer
45 502
-
90 160
-
pensions
10 738
-
20 610
-
accident
901
-
1 729
-
unemployment
2 503
-
4 802
-
other
365
-
699
-
total
14 507
-
27 840
-
Corporate
57 990
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.

8 698
17 701
-
-
total
8 698
17 701
-
-
Dividends
49 292
100 299
-
-
withholding
10 138
21 067
-
-
total
10 138
21 067
-
-
Income
118 000
118 000
118 000
118 000
Total tax
45 734
38 768
57 007
52 481
After tax
72 266
79 232
60 993
65 519
Living cost
33 112
33 112
33 112
33 112
Free-cash
39 154
46 120
27 881
32 407

Estimated living cost  is ₽33112 per week

₽23780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
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.
₽6292
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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