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
₽29831
₽48707
₽34508
₽41542
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
-
-
-
90
accident
-
-
-
812
income
-
-
-
27 750
pensions
-
-
-
25 518
unemployment
-
-
-
631
total
-
-
-
54 801
Employee
46 985
-
94 753
-
income
9 814
-
25 004
-
other
46
-
90
-
pensions
2 208
-
4 239
-
unemployment
727
-
1 398
-
total
12 795
-
30 731
-
Employer
46 985
-
94 753
-
other
377
-
722
-
unemployment
2 585
-
4 959
-
accident
930
-
1 785
-
pensions
11 088
-
21 281
-
total
14 980
-
28 747
-
Corporate
61 534
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.

9 229
18 525
-
-
total
9 229
18 525
-
-
Dividends
52 305
104 975
-
-
withholding
10 763
22 077
-
-
total
10 763
22 077
-
-
Income
123 500
123 500
123 500
123 500
Total tax
47 767
40 602
59 478
54 801
After tax
75 733
82 898
64 022
68 699
Living cost
34 191
34 191
34 191
34 191
Free-cash
41 542
48 707
29 831
34 508

Estimated living cost  is ₽34191 per week

₽24555
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
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.
₽6497
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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