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
₽26810
₽31388
₽45552
₽38248
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
-
-
-
818
income
-
-
-
25 967
unemployment
-
-
-
636
other
-
-
-
91
pensions
-
-
-
25 685
total
-
-
-
53 197
Employee
47 292
-
90 234
-
income
9 878
-
23 278
-
pensions
2 222
-
4 241
-
unemployment
732
-
1 399
-
other
46
-
91
-
total
12 878
-
29 009
-
Employer
47 292
-
90 234
-
other
379
-
721
-
unemployment
2 602
-
4 963
-
pensions
11 161
-
21 296
-
accident
937
-
1 786
-
total
15 079
-
28 766
-
Corporate
56 630
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.

8 494
17 851
-
-
total
8 494
17 851
-
-
Dividends
48 135
101 149
-
-
withholding
9 886
21 182
-
-
total
9 886
21 182
-
-
Income
119 000
119 000
119 000
119 000
Total tax
46 337
39 033
57 775
53 197
After tax
72 663
79 967
61 225
65 803
Living cost
34 415
34 415
34 415
34 415
Free-cash
38 248
45 552
26 810
31 388

Estimated living cost  is ₽34415 per week

₽24715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
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.
₽6539
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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