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
₽39360
₽27970
₽46415
₽32552
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
-
-
-
796
income
-
-
-
26 449
pensions
-
-
-
24 999
other
-
-
-
89
unemployment
-
-
-
619
total
-
-
-
52 952
Employee
46 030
-
90 837
-
unemployment
713
-
1 369
-
pensions
2 163
-
4 153
-
income
9 614
-
23 760
-
other
45
-
89
-
total
12 535
-
29 371
-
Employer
46 030
-
90 837
-
pensions
10 863
-
20 849
-
other
369
-
707
-
unemployment
2 532
-
4 858
-
accident
912
-
1 749
-
total
14 676
-
28 163
-
Corporate
58 294
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.

8 745
17 850
-
-
total
8 745
17 850
-
-
Dividends
49 549
101 150
-
-
withholding
10 188
21 239
-
-
total
10 188
21 239
-
-
Income
119 000
119 000
119 000
119 000
Total tax
46 144
39 089
57 534
52 952
After tax
72 856
79 911
61 466
66 048
Living cost
33 496
33 496
33 496
33 496
Free-cash
39 360
46 415
27 970
32 552

Estimated living cost  is ₽33496 per week

₽24055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
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.
₽6365
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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