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
₽36477
₽50169
₽43425
₽32016
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
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
28 567
total
-
-
-
54 388
Employee
44 846
-
96 061
-
pensions
2 108
-
4 046
-
unemployment
694
-
1 334
-
other
44
-
86
-
income
9 367
-
25 945
-
total
12 213
-
31 411
-
Employer
44 846
-
96 061
-
accident
888
-
1 704
-
pensions
10 584
-
20 312
-
other
359
-
689
-
unemployment
2 467
-
4 733
-
total
14 298
-
27 438
-
Corporate
64 355
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.

9 653
18 526
-
-
total
9 653
18 526
-
-
Dividends
54 702
104 974
-
-
withholding
11 276
22 170
-
-
total
11 276
22 170
-
-
Income
123 500
123 500
123 500
123 500
Total tax
47 440
40 696
58 849
54 388
After tax
76 060
82 804
64 651
69 112
Living cost
32 635
32 635
32 635
32 635
Free-cash
43 425
50 169
32 016
36 477

Estimated living cost  is ₽32635 per week

₽23437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
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.
₽6201
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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