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
₽35287
₽49288
₽42289
₽30697
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
pensions
-
-
-
25 058
other
-
-
-
89
unemployment
-
-
-
620
accident
-
-
-
798
income
-
-
-
28 074
total
-
-
-
54 639
Employee
46 137
-
95 271
-
pensions
2 168
-
4 162
-
other
45
-
89
-
unemployment
714
-
1 372
-
income
9 636
-
25 378
-
total
12 563
-
31 001
-
Employer
46 137
-
95 271
-
pensions
10 888
-
20 897
-
other
370
-
709
-
unemployment
2 538
-
4 869
-
accident
914
-
1 753
-
total
14 710
-
28 228
-
Corporate
62 653
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.

9 398
18 524
-
-
total
9 398
18 524
-
-
Dividends
53 255
104 976
-
-
withholding
10 966
22 114
-
-
total
10 966
22 114
-
-
Income
123 500
123 500
123 500
123 500
Total tax
47 637
40 638
59 229
54 639
After tax
75 863
82 862
64 271
68 861
Living cost
33 574
33 574
33 574
33 574
Free-cash
42 289
49 288
30 697
35 287

Estimated living cost  is ₽33574 per week

₽24111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
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.
₽6380
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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