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
₽41663
₽30119
₽34704
₽48667
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
unemployment
-
-
-
619
accident
-
-
-
797
pensions
-
-
-
25 030
income
-
-
-
27 724
other
-
-
-
89
total
-
-
-
54 259
Employee
46 086
-
94 303
-
other
45
-
89
-
income
9 626
-
25 029
-
pensions
2 166
-
4 158
-
unemployment
713
-
1 371
-
total
12 550
-
30 647
-
Employer
46 086
-
94 303
-
accident
913
-
1 751
-
unemployment
2 535
-
4 864
-
pensions
10 876
-
20 874
-
other
369
-
708
-
total
14 693
-
28 197
-
Corporate
61 720
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.

9 257
18 375
-
-
total
9 257
18 375
-
-
Dividends
52 463
104 125
-
-
withholding
10 800
21 921
-
-
total
10 800
21 921
-
-
Income
122 500
122 500
122 500
122 500
Total tax
47 300
40 296
58 844
54 259
After tax
75 200
82 204
63 656
68 241
Living cost
33 537
33 537
33 537
33 537
Free-cash
41 663
48 667
30 119
34 704

Estimated living cost  is ₽33537 per week

₽24085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
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.
₽6372
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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