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
₽43669
₽50360
₽32297
₽36734
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
other
-
-
-
86
unemployment
-
-
-
599
income
-
-
-
28 671
pensions
-
-
-
24 206
accident
-
-
-
771
total
-
-
-
54 333
Employee
44 570
-
96 230
-
unemployment
690
-
1 326
-
other
44
-
86
-
pensions
2 095
-
4 021
-
income
9 309
-
26 067
-
total
12 138
-
31 500
-
Employer
44 570
-
96 230
-
other
357
-
685
-
accident
883
-
1 694
-
pensions
10 518
-
20 187
-
unemployment
2 452
-
4 704
-
total
14 210
-
27 270
-
Corporate
64 720
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.

9 707
18 525
-
-
total
9 707
18 525
-
-
Dividends
55 013
104 975
-
-
withholding
11 343
22 182
-
-
total
11 343
22 182
-
-
Income
123 500
123 500
123 500
123 500
Total tax
47 398
40 707
58 770
54 333
After tax
76 102
82 793
64 730
69 167
Living cost
32 433
32 433
32 433
32 433
Free-cash
43 669
50 360
32 297
36 734

Estimated living cost  is ₽32433 per week

₽23292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
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.
₽6163
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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