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
₽ 119500
per

Your estimated
City
free-cash

Madrid , Spain
₽30864
₽48467
₽35192
₽41917
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
-
-
-
119 500
income
-
-
-
27 598
pensions
-
-
-
23 629
unemployment
-
-
-
585
accident
-
-
-
752
other
-
-
-
84
total
-
-
-
52 648
Employee
43 507
-
92 881
-
pensions
2 045
-
3 925
-
other
43
-
84
-
income
9 087
-
25 054
-
unemployment
674
-
1 294
-
total
11 849
-
30 357
-
Employer
43 507
-
92 881
-
accident
862
-
1 653
-
unemployment
2 393
-
4 592
-
other
349
-
668
-
pensions
10 268
-
19 706
-
total
13 872
-
26 619
-
Corporate
62 121
119 500
-
-
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.

9 319
17 925
-
-
total
9 319
17 925
-
-
Dividends
52 802
101 575
-
-
withholding
10 883
21 448
-
-
total
10 883
21 448
-
-
Income
119 500
119 500
119 500
119 500
Total tax
45 923
39 373
56 976
52 648
After tax
73 577
80 127
62 524
66 852
Living cost
31 660
31 660
31 660
31 660
Free-cash
41 917
48 467
30 864
35 192

Estimated living cost  is ₽31660 per week

₽22737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
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.
₽6016
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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