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
₽ 162000
per

Your estimated
City
free-cash

Madrid , Spain
₽58634
₽75703
₽69691
₽54782
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
-
-
-
162 000
accident
-
-
-
767
other
-
-
-
85
pensions
-
-
-
24 090
unemployment
-
-
-
596
income
-
-
-
45 550
total
-
-
-
71 088
Employee
44 356
-
134 861
-
pensions
2 085
-
4 002
-
unemployment
687
-
1 319
-
other
44
-
85
-
income
9 264
-
42 397
-
total
12 080
-
47 803
-
Employer
44 356
-
134 861
-
accident
878
-
1 685
-
pensions
10 468
-
20 090
-
other
356
-
681
-
unemployment
2 440
-
4 681
-
total
14 142
-
27 137
-
Corporate
103 502
162 000
-
-
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.

15 526
24 299
-
-
total
15 526
24 299
-
-
Dividends
87 976
137 701
-
-
withholding
18 283
29 720
-
-
total
18 283
29 720
-
-
Income
162 000
162 000
162 000
162 000
Total tax
60 031
54 019
74 940
71 088
After tax
101 969
107 981
87 060
90 912
Living cost
32 278
32 278
32 278
32 278
Free-cash
69 691
75 703
54 782
58 634

Estimated living cost  is ₽32278 per week

₽23181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
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.
₽6133
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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