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
₽42372
₽30797
₽49354
₽35378
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
-
-
-
796
income
-
-
-
28 110
pensions
-
-
-
25 005
other
-
-
-
89
unemployment
-
-
-
619
total
-
-
-
54 619
Employee
46 040
-
95 331
-
unemployment
713
-
1 369
-
pensions
2 164
-
4 154
-
income
9 616
-
25 420
-
other
45
-
89
-
total
12 538
-
31 032
-
Employer
46 040
-
95 331
-
pensions
10 865
-
20 853
-
other
369
-
707
-
unemployment
2 533
-
4 859
-
accident
912
-
1 749
-
total
14 679
-
28 168
-
Corporate
62 782
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.

9 418
18 525
-
-
total
9 418
18 525
-
-
Dividends
53 364
104 975
-
-
withholding
10 990
22 118
-
-
total
10 990
22 118
-
-
Income
123 500
123 500
123 500
123 500
Total tax
47 625
40 643
59 200
54 619
After tax
75 875
82 857
64 300
68 881
Living cost
33 503
33 503
33 503
33 503
Free-cash
42 372
49 354
30 797
35 378

Estimated living cost  is ₽33503 per week

₽24060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
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.
₽6366
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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