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
₽33445
₽50893
₽37707
₽44532
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
-
-
-
28 967
pensions
-
-
-
23 261
other
-
-
-
82
unemployment
-
-
-
576
accident
-
-
-
740
total
-
-
-
53 626
Employee
42 829
-
96 296
-
unemployment
663
-
1 274
-
pensions
2 013
-
3 864
-
other
42
-
82
-
income
8 945
-
26 464
-
total
11 663
-
31 684
-
Employer
42 829
-
96 296
-
accident
848
-
1 627
-
other
343
-
658
-
unemployment
2 356
-
4 520
-
pensions
10 107
-
19 399
-
total
13 654
-
26 204
-
Corporate
66 016
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.

9 902
18 376
-
-
total
9 902
18 376
-
-
Dividends
56 114
104 124
-
-
withholding
11 582
22 064
-
-
total
11 582
22 064
-
-
Income
122 500
122 500
122 500
122 500
Total tax
46 801
40 440
57 888
53 626
After tax
75 699
82 060
64 612
68 874
Living cost
31 167
31 167
31 167
31 167
Free-cash
44 532
50 893
33 445
37 707

Estimated living cost  is ₽31167 per week

₽22383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
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.
₽5922
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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