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
₽31555
₽48931
₽35816
₽42516
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
-
-
-
27 858
pensions
-
-
-
23 261
other
-
-
-
82
unemployment
-
-
-
576
accident
-
-
-
740
total
-
-
-
52 517
Employee
42 829
-
93 296
-
unemployment
663
-
1 274
-
pensions
2 013
-
3 864
-
other
42
-
82
-
income
8 945
-
25 354
-
total
11 663
-
30 574
-
Employer
42 829
-
93 296
-
accident
848
-
1 627
-
other
343
-
658
-
unemployment
2 356
-
4 520
-
pensions
10 107
-
19 399
-
total
13 654
-
26 204
-
Corporate
63 016
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.

9 453
17 925
-
-
total
9 453
17 925
-
-
Dividends
53 563
101 575
-
-
withholding
11 047
21 477
-
-
total
11 047
21 477
-
-
Income
119 500
119 500
119 500
119 500
Total tax
45 817
39 402
56 778
52 517
After tax
73 683
80 098
62 722
66 983
Living cost
31 167
31 167
31 167
31 167
Free-cash
42 516
48 931
31 555
35 816

Estimated living cost  is ₽31167 per week

₽22383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
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.
₽5922
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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