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
₽51539
₽34059
₽45191
₽38322
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
-
-
-
741
unemployment
-
-
-
576
pensions
-
-
-
23 270
other
-
-
-
82
income
-
-
-
29 331
total
-
-
-
54 000
Employee
42 845
-
97 286
-
pensions
2 013
-
3 865
-
income
8 949
-
26 828
-
unemployment
663
-
1 274
-
other
42
-
82
-
total
11 667
-
32 049
-
Employer
42 845
-
97 286
-
other
343
-
658
-
unemployment
2 357
-
4 522
-
accident
848
-
1 628
-
pensions
10 111
-
19 406
-
total
13 659
-
26 214
-
Corporate
66 995
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.

10 049
18 525
-
-
total
10 049
18 525
-
-
Dividends
56 946
104 975
-
-
withholding
11 756
22 258
-
-
total
11 756
22 258
-
-
Income
123 500
123 500
123 500
123 500
Total tax
47 131
40 783
58 263
54 000
After tax
76 369
82 717
65 237
69 500
Living cost
31 178
31 178
31 178
31 178
Free-cash
45 191
51 539
34 059
38 322

Estimated living cost  is ₽31178 per week

₽22391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
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.
₽5924
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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