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
₽33331
₽46992
₽40104
₽28833
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
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
26 772
total
-
-
-
52 788
Employee
45 186
-
91 354
-
pensions
2 123
-
4 077
-
other
44
-
87
-
unemployment
700
-
1 344
-
income
9 438
-
24 132
-
total
12 305
-
29 640
-
Employer
45 186
-
91 354
-
pensions
10 664
-
20 466
-
other
362
-
694
-
unemployment
2 486
-
4 769
-
accident
895
-
1 717
-
total
14 407
-
27 646
-
Corporate
59 408
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.

8 911
17 851
-
-
total
8 911
17 851
-
-
Dividends
50 497
101 149
-
-
withholding
10 392
21 276
-
-
total
10 392
21 276
-
-
Income
119 000
119 000
119 000
119 000
Total tax
46 015
39 127
57 286
52 788
After tax
72 985
79 873
61 714
66 212
Living cost
32 881
32 881
32 881
32 881
Free-cash
40 104
46 992
28 833
33 331

Estimated living cost  is ₽32881 per week

₽23614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
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.
₽6248
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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