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
₽51579
₽34119
₽45241
₽38378
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
-
-
-
740
unemployment
-
-
-
575
pensions
-
-
-
23 237
other
-
-
-
82
income
-
-
-
29 354
total
-
-
-
53 988
Employee
42 785
-
97 323
-
pensions
2 011
-
3 860
-
income
8 936
-
26 854
-
unemployment
662
-
1 273
-
other
42
-
82
-
total
11 651
-
32 069
-
Employer
42 785
-
97 323
-
other
343
-
657
-
unemployment
2 354
-
4 516
-
accident
847
-
1 626
-
pensions
10 097
-
19 379
-
total
13 641
-
26 178
-
Corporate
67 074
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.

10 062
18 525
-
-
total
10 062
18 525
-
-
Dividends
57 013
104 975
-
-
withholding
11 771
22 262
-
-
total
11 771
22 262
-
-
Income
123 500
123 500
123 500
123 500
Total tax
47 125
40 787
58 247
53 988
After tax
76 375
82 713
65 253
69 512
Living cost
31 134
31 134
31 134
31 134
Free-cash
45 241
51 579
34 119
38 378

Estimated living cost  is ₽31134 per week

₽22359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2421
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.
₽5916
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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