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
₽ 122000
per

Your estimated
City
free-cash

Madrid , Spain
₽35202
₽39078
₽45985
₽51957
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
-
-
-
122 000
other
-
-
-
79
unemployment
-
-
-
548
pensions
-
-
-
22 158
income
-
-
-
29 743
accident
-
-
-
705
total
-
-
-
53 233
Employee
40 798
-
97 038
-
pensions
1 917
-
3 681
-
income
8 521
-
27 173
-
unemployment
632
-
1 214
-
other
40
-
79
-
total
11 110
-
32 147
-
Employer
40 798
-
97 038
-
other
327
-
627
-
accident
808
-
1 550
-
pensions
9 628
-
18 479
-
unemployment
2 244
-
4 306
-
total
13 007
-
24 962
-
Corporate
68 194
122 000
-
-
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.

10 229
18 299
-
-
total
10 229
18 299
-
-
Dividends
57 965
103 701
-
-
withholding
11 980
22 055
-
-
total
11 980
22 055
-
-
Income
122 000
122 000
122 000
122 000
Total tax
46 326
40 354
57 109
53 233
After tax
75 674
81 646
64 891
68 767
Living cost
29 689
29 689
29 689
29 689
Free-cash
45 985
51 957
35 202
39 078

Estimated living cost  is ₽29689 per week

₽21321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
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.
₽5641
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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