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
₽ 160500
per

Your estimated
City
free-cash

Madrid , Spain
₽58766
₽69855
₽55033
₽75674
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
-
-
-
160 500
other
-
-
-
83
pensions
-
-
-
23 334
income
-
-
-
45 733
accident
-
-
-
743
unemployment
-
-
-
577
total
-
-
-
70 470
Employee
42 963
-
134 213
-
pensions
2 019
-
3 876
-
income
8 973
-
42 680
-
other
42
-
83
-
unemployment
665
-
1 278
-
total
11 699
-
47 917
-
Employer
42 963
-
134 213
-
pensions
10 139
-
19 460
-
other
344
-
660
-
unemployment
2 363
-
4 534
-
accident
851
-
1 632
-
total
13 697
-
26 286
-
Corporate
103 839
160 500
-
-
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.

15 575
24 075
-
-
total
15 575
24 075
-
-
Dividends
88 264
136 425
-
-
withholding
18 410
29 487
-
-
total
18 410
29 487
-
-
Income
160 500
160 500
160 500
160 500
Total tax
59 381
53 562
74 203
70 470
After tax
101 119
106 938
86 297
90 030
Living cost
31 264
31 264
31 264
31 264
Free-cash
69 855
75 674
55 033
58 766

Estimated living cost  is ₽31264 per week

₽22453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2431
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.
₽5941
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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