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
₽35628
₽42338
₽31345
₽48791
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
other
-
-
-
83
pensions
-
-
-
23 373
income
-
-
-
27 778
accident
-
-
-
744
unemployment
-
-
-
578
total
-
-
-
52 556
Employee
43 034
-
93 170
-
pensions
2 022
-
3 882
-
income
8 988
-
25 264
-
other
42
-
83
-
unemployment
666
-
1 280
-
total
11 718
-
30 509
-
Employer
43 034
-
93 170
-
pensions
10 156
-
19 492
-
other
345
-
661
-
unemployment
2 367
-
4 542
-
accident
852
-
1 635
-
total
13 720
-
26 330
-
Corporate
62 745
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.

9 412
17 924
-
-
total
9 412
17 924
-
-
Dividends
53 333
101 576
-
-
withholding
10 996
21 469
-
-
total
10 996
21 469
-
-
Income
119 500
119 500
119 500
119 500
Total tax
45 846
39 393
56 839
52 556
After tax
73 654
80 107
62 661
66 944
Living cost
31 316
31 316
31 316
31 316
Free-cash
42 338
48 791
31 345
35 628

Estimated living cost  is ₽31316 per week

₽22490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
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.
₽5951
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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