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
₽ 123500
per

Your estimated
City
free-cash

Madrid , Spain
₽44171
₽32878
₽50748
₽37258
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
-
-
-
123 500
accident
-
-
-
761
income
-
-
-
28 889
pensions
-
-
-
23 897
other
-
-
-
85
unemployment
-
-
-
591
total
-
-
-
54 223
Employee
44 000
-
96 579
-
unemployment
681
-
1 309
-
pensions
2 068
-
3 970
-
income
9 190
-
26 318
-
other
43
-
85
-
total
11 982
-
31 682
-
Employer
44 000
-
96 579
-
pensions
10 384
-
19 929
-
other
353
-
676
-
unemployment
2 420
-
4 644
-
accident
871
-
1 672
-
total
14 028
-
26 921
-
Corporate
65 472
123 500
-
-
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.

9 820
18 525
-
-
total
9 820
18 525
-
-
Dividends
55 652
104 975
-
-
withholding
11 480
22 208
-
-
total
11 480
22 208
-
-
Income
123 500
123 500
123 500
123 500
Total tax
47 310
40 733
58 603
54 223
After tax
76 190
82 767
64 897
69 277
Living cost
32 019
32 019
32 019
32 019
Free-cash
44 171
50 748
32 878
37 258

Estimated living cost  is ₽32019 per week

₽22994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
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.
₽6084
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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