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
₽31548
₽49625
₽35995
₽42896
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
income
-
-
-
28 258
pensions
-
-
-
24 269
unemployment
-
-
-
601
accident
-
-
-
773
other
-
-
-
86
total
-
-
-
53 987
Employee
44 686
-
95 160
-
pensions
2 100
-
4 031
-
other
44
-
86
-
income
9 333
-
25 647
-
unemployment
692
-
1 329
-
total
12 169
-
31 093
-
Employer
44 686
-
95 160
-
accident
885
-
1 698
-
unemployment
2 458
-
4 716
-
other
358
-
687
-
pensions
10 546
-
20 240
-
total
14 247
-
27 341
-
Corporate
63 567
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.

9 534
18 375
-
-
total
9 534
18 375
-
-
Dividends
54 033
104 125
-
-
withholding
11 136
21 982
-
-
total
11 136
21 982
-
-
Income
122 500
122 500
122 500
122 500
Total tax
47 086
40 357
58 434
53 987
After tax
75 414
82 143
64 066
68 513
Living cost
32 518
32 518
32 518
32 518
Free-cash
42 896
49 625
31 548
35 995

Estimated living cost  is ₽32518 per week

₽23353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
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.
₽6179
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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