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
₽49623
₽35994
₽42894
₽31547
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
unemployment
-
-
-
601
other
-
-
-
86
pensions
-
-
-
24 270
accident
-
-
-
773
income
-
-
-
28 257
total
-
-
-
53 987
Employee
44 687
-
95 159
-
unemployment
692
-
1 329
-
income
9 333
-
25 646
-
other
44
-
86
-
pensions
2 100
-
4 032
-
total
12 169
-
31 093
-
Employer
44 687
-
95 159
-
unemployment
2 458
-
4 716
-
pensions
10 546
-
20 240
-
other
358
-
687
-
accident
885
-
1 698
-
total
14 247
-
27 341
-
Corporate
63 566
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.

9 535
18 376
-
-
total
9 535
18 376
-
-
Dividends
54 031
104 124
-
-
withholding
11 136
21 982
-
-
total
11 136
21 982
-
-
Income
122 500
122 500
122 500
122 500
Total tax
47 087
40 358
58 434
53 987
After tax
75 413
82 142
64 066
68 513
Living cost
32 519
32 519
32 519
32 519
Free-cash
42 894
49 623
31 547
35 994

Estimated living cost  is ₽32519 per week

₽23353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
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.
₽6179
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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