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
₽ 163500
per

Your estimated
City
free-cash

Madrid , Spain
₽60369
₽71762
₽56630
₽77592
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
-
-
-
163 500
other
-
-
-
83
pensions
-
-
-
23 370
income
-
-
-
47 043
accident
-
-
-
744
unemployment
-
-
-
578
total
-
-
-
71 818
Employee
43 030
-
137 173
-
pensions
2 022
-
3 882
-
income
8 987
-
43 985
-
other
42
-
83
-
unemployment
666
-
1 280
-
total
11 717
-
49 230
-
Employer
43 030
-
137 173
-
pensions
10 155
-
19 490
-
other
345
-
661
-
unemployment
2 367
-
4 541
-
accident
852
-
1 635
-
total
13 719
-
26 327
-
Corporate
106 751
163 500
-
-
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.

16 013
24 525
-
-
total
16 013
24 525
-
-
Dividends
90 738
138 975
-
-
withholding
18 976
30 070
-
-
total
18 976
30 070
-
-
Income
163 500
163 500
163 500
163 500
Total tax
60 425
54 595
75 557
71 818
After tax
103 075
108 905
87 943
91 682
Living cost
31 313
31 313
31 313
31 313
Free-cash
71 762
77 592
56 630
60 369

Estimated living cost  is ₽31313 per week

₽22487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2435
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.
₽5950
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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