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
₽40999
₽29798
₽47756
₽34232
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
accident
-
-
-
770
income
-
-
-
27 200
pensions
-
-
-
24 195
other
-
-
-
86
unemployment
-
-
-
599
total
-
-
-
52 850
Employee
44 549
-
92 243
-
unemployment
690
-
1 325
-
pensions
2 094
-
4 019
-
income
9 305
-
24 597
-
other
44
-
86
-
total
12 133
-
30 027
-
Employer
44 549
-
92 243
-
pensions
10 513
-
20 178
-
other
357
-
684
-
unemployment
2 451
-
4 702
-
accident
882
-
1 693
-
total
14 203
-
27 257
-
Corporate
60 748
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.

9 113
17 925
-
-
total
9 113
17 925
-
-
Dividends
51 635
101 575
-
-
withholding
10 634
21 401
-
-
total
10 634
21 401
-
-
Income
119 500
119 500
119 500
119 500
Total tax
46 083
39 326
57 284
52 850
After tax
73 417
80 174
62 216
66 650
Living cost
32 418
32 418
32 418
32 418
Free-cash
40 999
47 756
29 798
34 232

Estimated living cost  is ₽32418 per week

₽23281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
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.
₽6160
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.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close