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
₽40857
₽54728
₽48096
₽36391
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
accident
-
-
-
776
other
-
-
-
86
pensions
-
-
-
24 375
unemployment
-
-
-
603
income
-
-
-
31 144
total
-
-
-
56 984
Employee
44 879
-
103 041
-
pensions
2 109
-
4 049
-
unemployment
695
-
1 335
-
other
44
-
86
-
income
9 374
-
28 521
-
total
12 222
-
33 991
-
Employer
44 879
-
103 041
-
accident
889
-
1 705
-
pensions
10 591
-
20 327
-
other
360
-
690
-
unemployment
2 469
-
4 737
-
total
14 309
-
27 459
-
Corporate
71 312
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.

10 697
19 574
-
-
total
10 697
19 574
-
-
Dividends
60 615
110 926
-
-
withholding
12 517
23 539
-
-
total
12 517
23 539
-
-
Income
130 500
130 500
130 500
130 500
Total tax
49 745
43 113
61 450
56 984
After tax
80 755
87 387
69 050
73 516
Living cost
32 659
32 659
32 659
32 659
Free-cash
48 096
54 728
36 391
40 857

Estimated living cost  is ₽32659 per week

₽23454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2539
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
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.
₽6206
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