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
₽29517
₽34223
₽48497
₽41270
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
-
-
-
818
income
-
-
-
27 632
unemployment
-
-
-
636
other
-
-
-
91
pensions
-
-
-
25 685
total
-
-
-
54 862
Employee
47 292
-
94 565
-
income
9 878
-
24 868
-
pensions
2 222
-
4 267
-
unemployment
732
-
1 407
-
other
46
-
91
-
total
12 878
-
30 633
-
Employer
47 292
-
94 565
-
other
379
-
727
-
unemployment
2 602
-
4 991
-
pensions
11 161
-
21 420
-
accident
937
-
1 797
-
total
15 079
-
28 935
-
Corporate
61 130
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.

9 169
18 525
-
-
total
9 169
18 525
-
-
Dividends
51 961
104 975
-
-
withholding
10 689
22 063
-
-
total
10 689
22 063
-
-
Income
123 500
123 500
123 500
123 500
Total tax
47 815
40 588
59 568
54 862
After tax
75 685
82 912
63 932
68 638
Living cost
34 415
34 415
34 415
34 415
Free-cash
41 270
48 497
29 517
34 223

Estimated living cost  is ₽34415 per week

₽24715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
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.
₽6539
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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