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
₽43247
₽49897
₽31955
₽36363
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
-
-
-
85
unemployment
-
-
-
595
income
-
-
-
28 410
pensions
-
-
-
24 053
accident
-
-
-
766
total
-
-
-
53 909
Employee
44 288
-
95 403
-
unemployment
686
-
1 317
-
other
44
-
85
-
pensions
2 081
-
3 996
-
income
9 250
-
25 822
-
total
12 061
-
31 220
-
Employer
44 288
-
95 403
-
other
355
-
680
-
accident
877
-
1 683
-
pensions
10 452
-
20 060
-
unemployment
2 436
-
4 674
-
total
14 120
-
27 097
-
Corporate
64 092
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.

9 613
18 375
-
-
total
9 613
18 375
-
-
Dividends
54 479
104 125
-
-
withholding
11 231
22 000
-
-
total
11 231
22 000
-
-
Income
122 500
122 500
122 500
122 500
Total tax
47 025
40 375
58 317
53 909
After tax
75 475
82 125
64 183
68 591
Living cost
32 228
32 228
32 228
32 228
Free-cash
43 247
49 897
31 955
36 363

Estimated living cost  is ₽32228 per week

₽23145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
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.
₽6124
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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