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
₽ 130500
per

Your estimated
City
free-cash

Madrid , Spain
₽53097
₽45991
₽38657
₽33953
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
-
-
-
130 500
unemployment
-
-
-
635
accident
-
-
-
817
income
-
-
-
30 231
pensions
-
-
-
25 672
other
-
-
-
91
total
-
-
-
57 446
Employee
47 268
-
101 579
-
pensions
2 221
-
4 264
-
unemployment
732
-
1 406
-
income
9 873
-
27 469
-
other
46
-
91
-
total
12 872
-
33 230
-
Employer
47 268
-
101 579
-
pensions
11 155
-
21 409
-
accident
936
-
1 796
-
other
379
-
726
-
unemployment
2 600
-
4 989
-
total
15 070
-
28 920
-
Corporate
68 161
130 500
-
-
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.

10 225
19 574
-
-
total
10 225
19 574
-
-
Dividends
57 937
110 926
-
-
withholding
11 945
23 432
-
-
total
11 945
23 432
-
-
Income
130 500
130 500
130 500
130 500
Total tax
50 112
43 006
62 150
57 446
After tax
80 388
87 494
68 350
73 054
Living cost
34 397
34 397
34 397
34 397
Free-cash
45 991
53 097
33 953
38 657

Estimated living cost  is ₽34397 per week

₽24703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2675
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.
₽6536
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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