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
₽27747
₽46148
₽32321
₽39105
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
-
-
-
88
accident
-
-
-
794
income
-
-
-
26 298
pensions
-
-
-
24 951
unemployment
-
-
-
617
total
-
-
-
52 748
Employee
45 940
-
90 392
-
income
9 595
-
23 614
-
other
45
-
88
-
pensions
2 159
-
4 145
-
unemployment
711
-
1 366
-
total
12 510
-
29 213
-
Employer
45 940
-
90 392
-
other
368
-
706
-
unemployment
2 527
-
4 849
-
accident
910
-
1 746
-
pensions
10 842
-
20 808
-
total
14 647
-
28 109
-
Corporate
57 913
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.

8 686
17 775
-
-
total
8 686
17 775
-
-
Dividends
49 226
100 725
-
-
withholding
10 121
21 146
-
-
total
10 121
21 146
-
-
Income
118 500
118 500
118 500
118 500
Total tax
45 964
38 921
57 322
52 748
After tax
72 536
79 579
61 178
65 752
Living cost
33 431
33 431
33 431
33 431
Free-cash
39 105
46 148
27 747
32 321

Estimated living cost  is ₽33431 per week

₽24008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
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.
₽6352
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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