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
₽41790
₽30342
₽48701
₽34876
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
accident
-
-
-
788
income
-
-
-
27 739
pensions
-
-
-
24 744
other
-
-
-
88
unemployment
-
-
-
612
total
-
-
-
53 971
Employee
45 559
-
94 125
-
unemployment
705
-
1 355
-
pensions
2 141
-
4 110
-
income
9 516
-
25 078
-
other
45
-
88
-
total
12 407
-
30 631
-
Employer
45 559
-
94 125
-
pensions
10 752
-
20 635
-
other
365
-
700
-
unemployment
2 506
-
4 808
-
accident
902
-
1 731
-
total
14 525
-
27 874
-
Corporate
61 916
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.

9 287
18 301
-
-
total
9 287
18 301
-
-
Dividends
52 628
103 699
-
-
withholding
10 838
21 845
-
-
total
10 838
21 845
-
-
Income
122 000
122 000
122 000
122 000
Total tax
47 057
40 146
58 505
53 971
After tax
74 943
81 854
63 495
68 029
Living cost
33 153
33 153
33 153
33 153
Free-cash
41 790
48 701
30 342
34 876

Estimated living cost  is ₽33153 per week

₽23809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
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.
₽6300
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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