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
₽44469
₽50982
₽33226
₽37572
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
-
-
-
84
unemployment
-
-
-
587
income
-
-
-
29 019
pensions
-
-
-
23 712
accident
-
-
-
755
total
-
-
-
54 157
Employee
43 660
-
96 787
-
unemployment
676
-
1 299
-
other
43
-
84
-
pensions
2 052
-
3 939
-
income
9 119
-
26 468
-
total
11 890
-
31 790
-
Employer
43 660
-
96 787
-
other
350
-
671
-
accident
865
-
1 659
-
pensions
10 304
-
19 775
-
unemployment
2 402
-
4 608
-
total
13 921
-
26 713
-
Corporate
65 920
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.

9 888
18 524
-
-
total
9 888
18 524
-
-
Dividends
56 032
104 976
-
-
withholding
11 561
22 223
-
-
total
11 561
22 223
-
-
Income
123 500
123 500
123 500
123 500
Total tax
47 260
40 747
58 503
54 157
After tax
76 240
82 753
64 997
69 343
Living cost
31 771
31 771
31 771
31 771
Free-cash
44 469
50 982
33 226
37 572

Estimated living cost  is ₽31771 per week

₽22817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
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.
₽6037
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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