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
₽44562
₽36976
₽30055
₽26006
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
accident
-
-
-
843
income
-
-
-
25 415
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
53 478
Employee
48 739
-
90 233
-
other
48
-
90
-
income
10 180
-
23 034
-
pensions
2 290
-
4 240
-
unemployment
755
-
1 398
-
total
13 273
-
28 762
-
Employer
48 739
-
90 233
-
accident
965
-
1 787
-
other
391
-
722
-
unemployment
2 681
-
4 962
-
pensions
11 502
-
21 294
-
total
15 539
-
28 765
-
Corporate
54 722
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.

8 208
17 851
-
-
total
8 208
17 851
-
-
Dividends
46 514
101 149
-
-
withholding
9 537
21 120
-
-
total
9 537
21 120
-
-
Income
119 000
119 000
119 000
119 000
Total tax
46 557
38 971
57 527
53 478
After tax
72 443
80 029
61 473
65 522
Living cost
35 467
35 467
35 467
35 467
Free-cash
36 976
44 562
26 006
30 055

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
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.
₽6739
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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