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
₽42479
₽49237
₽31142
₽35599
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
-
-
-
86
unemployment
-
-
-
602
income
-
-
-
28 038
pensions
-
-
-
24 318
accident
-
-
-
774
total
-
-
-
53 818
Employee
44 775
-
94 605
-
unemployment
693
-
1 332
-
other
44
-
86
-
pensions
2 104
-
4 040
-
income
9 352
-
25 422
-
total
12 193
-
30 880
-
Employer
44 775
-
94 605
-
other
359
-
688
-
accident
887
-
1 701
-
pensions
10 567
-
20 280
-
unemployment
2 463
-
4 726
-
total
14 276
-
27 395
-
Corporate
62 949
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.

9 443
18 299
-
-
total
9 443
18 299
-
-
Dividends
53 507
103 701
-
-
withholding
11 026
21 881
-
-
total
11 026
21 881
-
-
Income
122 000
122 000
122 000
122 000
Total tax
46 938
40 180
58 275
53 818
After tax
75 062
81 820
63 725
68 182
Living cost
32 583
32 583
32 583
32 583
Free-cash
42 479
49 237
31 142
35 599

Estimated living cost  is ₽32583 per week

₽23400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
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.
₽6191
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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