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
₽ 119000
per

Your estimated
City
free-cash

Madrid , Spain
₽45611
₽38326
₽31468
₽26859
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
-
-
-
119 000
unemployment
-
-
-
634
accident
-
-
-
816
income
-
-
-
26 001
pensions
-
-
-
25 638
other
-
-
-
91
total
-
-
-
53 180
Employee
47 206
-
90 232
-
pensions
2 218
-
4 240
-
unemployment
731
-
1 399
-
income
9 860
-
23 293
-
other
46
-
91
-
total
12 855
-
29 023
-
Employer
47 206
-
90 232
-
pensions
11 140
-
21 294
-
accident
935
-
1 786
-
other
378
-
722
-
unemployment
2 597
-
4 964
-
total
15 050
-
28 766
-
Corporate
56 743
119 000
-
-
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.

8 512
17 850
-
-
total
8 512
17 850
-
-
Dividends
48 231
101 150
-
-
withholding
9 905
21 187
-
-
total
9 905
21 187
-
-
Income
119 000
119 000
119 000
119 000
Total tax
46 322
39 037
57 789
53 180
After tax
72 678
79 963
61 211
65 820
Living cost
34 352
34 352
34 352
34 352
Free-cash
38 326
45 611
26 859
31 468

Estimated living cost  is ₽34352 per week

₽24670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
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.
₽6527
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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