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
₽31567
₽49871
₽36074
₽43041
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
-
-
-
87
accident
-
-
-
783
income
-
-
-
28 400
pensions
-
-
-
24 594
unemployment
-
-
-
609
total
-
-
-
54 473
Employee
45 284
-
95 794
-
income
9 458
-
25 754
-
other
44
-
87
-
pensions
2 128
-
4 085
-
unemployment
701
-
1 347
-
total
12 331
-
31 273
-
Employer
45 284
-
95 794
-
other
363
-
696
-
unemployment
2 491
-
4 779
-
accident
897
-
1 721
-
pensions
10 687
-
20 511
-
total
14 438
-
27 707
-
Corporate
63 778
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.

9 566
18 525
-
-
total
9 566
18 525
-
-
Dividends
54 212
104 975
-
-
withholding
11 171
22 151
-
-
total
11 171
22 151
-
-
Income
123 500
123 500
123 500
123 500
Total tax
47 506
40 676
58 980
54 473
After tax
75 994
82 824
64 520
69 027
Living cost
32 953
32 953
32 953
32 953
Free-cash
43 041
49 871
31 567
36 074

Estimated living cost  is ₽32953 per week

₽23666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
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.
₽6262
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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