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
₽ 118500
per

Your estimated
City
free-cash

Madrid , Spain
₽40658
₽47353
₽29546
₽33943
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
-
-
-
118 500
other
-
-
-
85
unemployment
-
-
-
594
income
-
-
-
26 972
pensions
-
-
-
23 994
accident
-
-
-
764
total
-
-
-
52 409
Employee
44 178
-
91 470
-
unemployment
684
-
1 314
-
other
43
-
85
-
pensions
2 076
-
3 986
-
income
9 227
-
24 390
-
total
12 030
-
29 775
-
Employer
44 178
-
91 470
-
other
354
-
679
-
accident
875
-
1 679
-
pensions
10 426
-
20 010
-
unemployment
2 430
-
4 663
-
total
14 085
-
27 031
-
Corporate
60 237
118 500
-
-
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.

9 035
17 776
-
-
total
9 035
17 776
-
-
Dividends
51 201
100 724
-
-
withholding
10 544
21 223
-
-
total
10 544
21 223
-
-
Income
118 500
118 500
118 500
118 500
Total tax
45 694
38 999
56 806
52 409
After tax
72 806
79 501
61 694
66 091
Living cost
32 148
32 148
32 148
32 148
Free-cash
40 658
47 353
29 546
33 943

Estimated living cost  is ₽32148 per week

₽23088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
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.
₽6109
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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