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
₽43104
₽49787
₽31791
₽36212
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
-
-
-
86
unemployment
-
-
-
597
income
-
-
-
28 348
pensions
-
-
-
24 142
accident
-
-
-
769
total
-
-
-
53 942
Employee
44 450
-
95 304
-
unemployment
688
-
1 322
-
other
44
-
86
-
pensions
2 089
-
4 010
-
income
9 284
-
25 749
-
total
12 105
-
31 167
-
Employer
44 450
-
95 304
-
other
356
-
683
-
accident
880
-
1 689
-
pensions
10 490
-
20 133
-
unemployment
2 445
-
4 691
-
total
14 171
-
27 196
-
Corporate
63 878
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.

9 582
18 374
-
-
total
9 582
18 374
-
-
Dividends
54 296
104 126
-
-
withholding
11 192
21 993
-
-
total
11 192
21 993
-
-
Income
122 500
122 500
122 500
122 500
Total tax
47 050
40 367
58 363
53 942
After tax
75 450
82 133
64 137
68 558
Living cost
32 346
32 346
32 346
32 346
Free-cash
43 104
49 787
31 791
36 212

Estimated living cost  is ₽32346 per week

₽23230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
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.
₽6146
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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