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
₽40628
₽29514
₽33913
₽47332
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
unemployment
-
-
-
594
income
-
-
-
26 959
other
-
-
-
85
accident
-
-
-
764
pensions
-
-
-
24 012
total
-
-
-
52 414
Employee
44 212
-
91 449
-
unemployment
684
-
1 315
-
pensions
2 078
-
3 989
-
income
9 234
-
24 374
-
other
43
-
85
-
total
12 039
-
29 763
-
Employer
44 212
-
91 449
-
pensions
10 434
-
20 025
-
accident
876
-
1 680
-
unemployment
2 432
-
4 666
-
other
354
-
679
-
total
14 096
-
27 050
-
Corporate
60 192
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.

9 028
17 775
-
-
total
9 028
17 775
-
-
Dividends
51 164
100 725
-
-
withholding
10 536
21 220
-
-
total
10 536
21 220
-
-
Income
118 500
118 500
118 500
118 500
Total tax
45 699
38 995
56 813
52 414
After tax
72 801
79 505
61 687
66 086
Living cost
32 173
32 173
32 173
32 173
Free-cash
40 628
47 332
29 514
33 913

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Estimated living cost  is ₽32173 per week

₽23105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2502
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.
₽6113
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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