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
₽28916
₽47860
₽33618
₽40624
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
pensions
-
-
-
25 671
accident
-
-
-
817
unemployment
-
-
-
635
other
-
-
-
91
income
-
-
-
27 273
total
-
-
-
54 487
Employee
47 266
-
93 581
-
unemployment
732
-
1 406
-
pensions
2 221
-
4 264
-
other
46
-
91
-
income
9 872
-
24 509
-
total
12 871
-
30 270
-
Employer
47 266
-
93 581
-
pensions
11 155
-
21 408
-
other
379
-
726
-
unemployment
2 600
-
4 989
-
accident
936
-
1 796
-
total
15 070
-
28 919
-
Corporate
60 164
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.

9 024
18 376
-
-
total
9 024
18 376
-
-
Dividends
51 140
104 124
-
-
withholding
10 516
21 869
-
-
total
10 516
21 869
-
-
Income
122 500
122 500
122 500
122 500
Total tax
47 481
40 245
59 189
54 487
After tax
75 019
82 255
63 311
68 013
Living cost
34 395
34 395
34 395
34 395
Free-cash
40 624
47 860
28 916
33 618

Estimated living cost  is ₽34395 per week

₽24701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
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.
₽6536
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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