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
₽38008
₽44886
₽33708
₽51303
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
-
-
-
83
pensions
-
-
-
23 455
income
-
-
-
29 200
accident
-
-
-
747
unemployment
-
-
-
580
total
-
-
-
54 065
Employee
43 187
-
97 077
-
pensions
2 030
-
3 896
-
income
9 020
-
26 677
-
other
42
-
83
-
unemployment
669
-
1 285
-
total
11 761
-
31 941
-
Employer
43 187
-
97 077
-
pensions
10 192
-
19 561
-
other
346
-
664
-
unemployment
2 376
-
4 558
-
accident
855
-
1 641
-
total
13 769
-
26 424
-
Corporate
66 544
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.

9 982
18 526
-
-
total
9 982
18 526
-
-
Dividends
56 562
104 974
-
-
withholding
11 675
22 244
-
-
total
11 675
22 244
-
-
Income
123 500
123 500
123 500
123 500
Total tax
47 187
40 770
58 365
54 065
After tax
76 313
82 730
65 135
69 435
Living cost
31 427
31 427
31 427
31 427
Free-cash
44 886
51 303
33 708
38 008

Estimated living cost  is ₽31427 per week

₽22570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
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.
₽5972
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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