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
₽ 173000
per

Your estimated
City
free-cash

Madrid , Spain
₽77275
₽83223
₽61191
₽65004
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
-
-
-
173 000
other
-
-
-
85
unemployment
-
-
-
590
income
-
-
-
50 787
pensions
-
-
-
23 837
accident
-
-
-
759
total
-
-
-
76 058
Employee
43 889
-
146 147
-
unemployment
679
-
1 305
-
other
43
-
85
-
pensions
2 063
-
3 960
-
income
9 167
-
47 668
-
total
11 952
-
53 018
-
Employer
43 889
-
146 147
-
other
352
-
674
-
accident
869
-
1 668
-
pensions
10 358
-
19 879
-
unemployment
2 414
-
4 632
-
total
13 993
-
26 853
-
Corporate
115 118
173 000
-
-
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.

17 268
25 949
-
-
total
17 268
25 949
-
-
Dividends
97 850
147 051
-
-
withholding
20 574
31 890
-
-
total
20 574
31 890
-
-
Income
173 000
173 000
173 000
173 000
Total tax
63 787
57 839
79 871
76 058
After tax
109 213
115 161
93 129
96 942
Living cost
31 938
31 938
31 938
31 938
Free-cash
77 275
83 223
61 191
65 004

Estimated living cost  is ₽31938 per week

₽22937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
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.
₽6069
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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