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
₽48394
₽41137
₽34087
₽29365
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
unemployment
-
-
-
638
accident
-
-
-
820
income
-
-
-
27 575
pensions
-
-
-
25 766
other
-
-
-
91
total
-
-
-
54 890
Employee
47 442
-
94 473
-
pensions
2 230
-
4 280
-
unemployment
734
-
1 411
-
income
9 909
-
24 803
-
other
47
-
91
-
total
12 920
-
30 585
-
Employer
47 442
-
94 473
-
pensions
11 196
-
21 488
-
accident
940
-
1 803
-
other
380
-
729
-
unemployment
2 610
-
5 007
-
total
15 126
-
29 027
-
Corporate
60 933
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.

9 140
18 526
-
-
total
9 140
18 526
-
-
Dividends
51 793
104 974
-
-
withholding
10 654
22 057
-
-
total
10 654
22 057
-
-
Income
123 500
123 500
123 500
123 500
Total tax
47 840
40 583
59 612
54 890
After tax
75 660
82 917
63 888
68 610
Living cost
34 523
34 523
34 523
34 523
Free-cash
41 137
48 394
29 365
34 087

Estimated living cost  is ₽34523 per week

₽24793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
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.
₽6560
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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