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
₽ 41500
per

Your estimated
City
free-cash

Madrid , Spain
-₽9461
-₽4558
-₽17646
-₽9141
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
-
-
-
41 500
accident
-
-
-
374
other
-
-
-
42
pensions
-
-
-
11 745
unemployment
-
-
-
291
income
-
-
-
5 874
total
-
-
-
18 326
Employee
44 846
-
31 468
-
pensions
2 108
-
1 478
-
unemployment
694
-
488
-
other
44
-
32
-
income
9 367
-
5 976
-
total
12 213
-
7 974
-
Employer
44 846
-
31 468
-
accident
888
-
624
-
pensions
10 584
-
7 426
-
other
359
-
252
-
unemployment
2 467
-
1 730
-
total
14 298
-
10 032
-
Corporate
-
41 500
-
-
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.

-
6 226
-
-
total
-
6 226
-
-
Dividends
-
35 274
-
-
withholding
-
7 197
-
-
total
-
7 197
-
-
Income
41 500
41 500
41 500
41 500
Total tax
26 511
13 423
18 006
18 326
After tax
14 989
28 077
23 494
23 174
Living cost
32 635
32 635
32 635
32 635
Free-cash
-17 646
-4 558
-9 141
-9 461

Estimated living cost  is ₽32635 per week

₽23437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
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.
₽6201
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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