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
₽43462
₽36588
₽50065
₽32206
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
accident
-
-
-
761
unemployment
-
-
-
592
pensions
-
-
-
23 920
other
-
-
-
85
income
-
-
-
28 504
total
-
-
-
53 862
Employee
44 043
-
95 553
-
pensions
2 070
-
3 973
-
other
43
-
85
-
income
9 199
-
25 930
-
unemployment
682
-
1 310
-
total
11 994
-
31 298
-
Employer
44 043
-
95 553
-
accident
872
-
1 673
-
other
353
-
677
-
unemployment
2 423
-
4 648
-
pensions
10 394
-
19 948
-
total
14 042
-
26 946
-
Corporate
64 415
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.

9 662
18 375
-
-
total
9 662
18 375
-
-
Dividends
54 753
104 125
-
-
withholding
11 290
22 010
-
-
total
11 290
22 010
-
-
Income
122 500
122 500
122 500
122 500
Total tax
46 988
40 385
58 244
53 862
After tax
75 512
82 115
64 256
68 638
Living cost
32 050
32 050
32 050
32 050
Free-cash
43 462
50 065
32 206
36 588

Estimated living cost  is ₽32050 per week

₽23017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
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.
₽6090
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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