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
₽47561
₽40320
₽33338
₽28637
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
unemployment
-
-
-
635
accident
-
-
-
817
income
-
-
-
27 102
pensions
-
-
-
25 650
other
-
-
-
91
total
-
-
-
54 295
Employee
47 228
-
93 104
-
pensions
2 219
-
4 261
-
unemployment
731
-
1 405
-
income
9 864
-
24 343
-
other
46
-
91
-
total
12 860
-
30 100
-
Employer
47 228
-
93 104
-
pensions
11 146
-
21 391
-
accident
935
-
1 794
-
other
379
-
726
-
unemployment
2 598
-
4 985
-
total
15 058
-
28 896
-
Corporate
59 715
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.

8 958
18 299
-
-
total
8 958
18 299
-
-
Dividends
50 757
103 701
-
-
withholding
10 437
21 773
-
-
total
10 437
21 773
-
-
Income
122 000
122 000
122 000
122 000
Total tax
47 313
40 072
58 996
54 295
After tax
74 687
81 928
63 004
67 705
Living cost
34 367
34 367
34 367
34 367
Free-cash
40 320
47 561
28 637
33 338

Estimated living cost  is ₽34367 per week

₽24681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
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.
₽6530
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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