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
₽ 124000
per

Your estimated
City
free-cash

Madrid , Spain
₽31217
₽49752
₽35787
₽42799
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
-
-
-
124 000
other
-
-
-
88
accident
-
-
-
794
income
-
-
-
28 335
pensions
-
-
-
24 950
unemployment
-
-
-
617
total
-
-
-
54 784
Employee
45 938
-
95 893
-
income
9 595
-
25 649
-
other
45
-
88
-
pensions
2 159
-
4 144
-
unemployment
711
-
1 366
-
total
12 510
-
31 247
-
Employer
45 938
-
95 893
-
other
368
-
706
-
unemployment
2 527
-
4 848
-
accident
910
-
1 746
-
pensions
10 841
-
20 807
-
total
14 646
-
28 107
-
Corporate
63 415
124 000
-
-
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.

9 513
18 599
-
-
total
9 513
18 599
-
-
Dividends
53 903
105 401
-
-
withholding
11 103
22 220
-
-
total
11 103
22 220
-
-
Income
124 000
124 000
124 000
124 000
Total tax
47 772
40 819
59 354
54 784
After tax
76 228
83 181
64 646
69 216
Living cost
33 429
33 429
33 429
33 429
Free-cash
42 799
49 752
31 217
35 787

Estimated living cost  is ₽33429 per week

₽24007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
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.
₽6352
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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