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
₽33857
₽51402
₽38141
₽45014
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
income
-
-
-
29 255
pensions
-
-
-
23 377
other
-
-
-
83
unemployment
-
-
-
578
accident
-
-
-
744
total
-
-
-
54 037
Employee
43 043
-
97 165
-
unemployment
666
-
1 280
-
pensions
2 023
-
3 883
-
other
42
-
83
-
income
8 990
-
26 740
-
total
11 721
-
31 986
-
Employer
43 043
-
97 165
-
accident
852
-
1 635
-
other
345
-
661
-
unemployment
2 368
-
4 543
-
pensions
10 158
-
19 496
-
total
13 723
-
26 335
-
Corporate
66 734
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.

10 011
18 525
-
-
total
10 011
18 525
-
-
Dividends
56 723
104 975
-
-
withholding
11 709
22 251
-
-
total
11 709
22 251
-
-
Income
123 500
123 500
123 500
123 500
Total tax
47 164
40 776
58 321
54 037
After tax
76 336
82 724
65 179
69 463
Living cost
31 322
31 322
31 322
31 322
Free-cash
45 014
51 402
33 857
38 141

Estimated living cost  is ₽31322 per week

₽22494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
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.
₽5952
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.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close