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
₽32790
₽46593
₽39587
₽28237
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
-
-
-
791
other
-
-
-
88
pensions
-
-
-
24 859
unemployment
-
-
-
615
income
-
-
-
26 549
total
-
-
-
52 902
Employee
45 772
-
90 995
-
pensions
2 151
-
4 129
-
unemployment
709
-
1 361
-
other
45
-
88
-
income
9 560
-
23 873
-
total
12 465
-
29 451
-
Employer
45 772
-
90 995
-
accident
906
-
1 739
-
pensions
10 802
-
20 731
-
other
367
-
703
-
unemployment
2 518
-
4 831
-
total
14 593
-
28 004
-
Corporate
58 635
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.

8 795
17 850
-
-
total
8 795
17 850
-
-
Dividends
49 841
101 150
-
-
withholding
10 252
21 249
-
-
total
10 252
21 249
-
-
Income
119 000
119 000
119 000
119 000
Total tax
46 105
39 099
57 455
52 902
After tax
72 895
79 901
61 545
66 098
Living cost
33 308
33 308
33 308
33 308
Free-cash
39 587
46 593
28 237
32 790

Estimated living cost  is ₽33308 per week

₽23920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
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.
₽6329
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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