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
₽ 122500
per

Your estimated
City
free-cash

Madrid , Spain
₽35845
₽39570
₽46600
₽52499
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
-
-
-
122 500
other
-
-
-
78
unemployment
-
-
-
544
pensions
-
-
-
21 985
income
-
-
-
30 166
accident
-
-
-
700
total
-
-
-
53 473
Employee
40 479
-
97 733
-
pensions
1 902
-
3 652
-
income
8 455
-
27 498
-
unemployment
627
-
1 204
-
other
40
-
78
-
total
11 024
-
32 432
-
Employer
40 479
-
97 733
-
other
324
-
622
-
accident
802
-
1 538
-
pensions
9 553
-
18 334
-
unemployment
2 227
-
4 272
-
total
12 906
-
24 766
-
Corporate
69 115
122 500
-
-
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.

10 367
18 376
-
-
total
10 367
18 376
-
-
Dividends
58 748
104 124
-
-
withholding
12 146
22 168
-
-
total
12 146
22 168
-
-
Income
122 500
122 500
122 500
122 500
Total tax
46 443
40 544
57 198
53 473
After tax
76 057
81 956
65 302
69 027
Living cost
29 457
29 457
29 457
29 457
Free-cash
46 600
52 499
35 845
39 570

Estimated living cost  is ₽29457 per week

₽21154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2290
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
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.
₽5597
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.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close