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
₽40850
₽47637
₽29623
₽34072
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
-
-
-
86
unemployment
-
-
-
601
income
-
-
-
27 135
pensions
-
-
-
24 289
accident
-
-
-
773
total
-
-
-
52 884
Employee
44 722
-
92 138
-
unemployment
692
-
1 330
-
other
44
-
86
-
pensions
2 102
-
4 035
-
income
9 341
-
24 520
-
total
12 179
-
29 971
-
Employer
44 722
-
92 138
-
other
358
-
687
-
accident
886
-
1 699
-
pensions
10 554
-
20 256
-
unemployment
2 460
-
4 720
-
total
14 258
-
27 362
-
Corporate
60 520
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.

9 078
17 924
-
-
total
9 078
17 924
-
-
Dividends
51 442
101 576
-
-
withholding
10 591
21 395
-
-
total
10 591
21 395
-
-
Income
119 500
119 500
119 500
119 500
Total tax
46 106
39 319
57 333
52 884
After tax
73 394
80 181
62 167
66 616
Living cost
32 544
32 544
32 544
32 544
Free-cash
40 850
47 637
29 623
34 072

Estimated living cost  is ₽32544 per week

₽23372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
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.
₽6184
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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