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
₽39648
₽28229
₽32814
₽46703
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
unemployment
-
-
-
619
accident
-
-
-
797
pensions
-
-
-
25 030
income
-
-
-
26 614
other
-
-
-
89
total
-
-
-
53 149
Employee
46 086
-
91 303
-
other
45
-
89
-
income
9 626
-
23 919
-
pensions
2 166
-
4 158
-
unemployment
713
-
1 371
-
total
12 550
-
29 537
-
Employer
46 086
-
91 303
-
accident
913
-
1 751
-
unemployment
2 535
-
4 864
-
pensions
10 876
-
20 874
-
other
369
-
708
-
total
14 693
-
28 197
-
Corporate
58 720
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.

8 808
17 926
-
-
total
8 808
17 926
-
-
Dividends
49 912
101 574
-
-
withholding
10 264
21 334
-
-
total
10 264
21 334
-
-
Income
119 500
119 500
119 500
119 500
Total tax
46 315
39 260
57 734
53 149
After tax
73 185
80 240
61 766
66 351
Living cost
33 537
33 537
33 537
33 537
Free-cash
39 648
46 703
28 229
32 814

Estimated living cost  is ₽33537 per week

₽24085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
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.
₽6372
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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