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
₽ 47500
per

Your estimated
City
free-cash

Madrid , Spain
-₽5018
-₽9303
-₽4649
₽757
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
-
-
-
47 500
other
-
-
-
47
pensions
-
-
-
13 443
income
-
-
-
6 926
accident
-
-
-
428
unemployment
-
-
-
332
total
-
-
-
21 176
Employee
43 071
-
36 015
-
pensions
2 024
-
1 692
-
income
8 996
-
7 041
-
other
42
-
36
-
unemployment
667
-
558
-
total
11 729
-
9 327
-
Employer
43 071
-
36 015
-
pensions
10 165
-
8 499
-
other
345
-
289
-
unemployment
2 369
-
1 980
-
accident
853
-
712
-
total
13 732
-
11 480
-
Corporate
-
47 500
-
-
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.

-
7 125
-
-
total
-
7 125
-
-
Dividends
-
40 375
-
-
withholding
-
8 276
-
-
total
-
8 276
-
-
Income
47 500
47 500
47 500
47 500
Total tax
25 461
15 401
20 807
21 176
After tax
22 039
32 099
26 693
26 324
Living cost
31 342
31 342
31 342
31 342
Free-cash
-9 303
757
-4 649
-5 018

Estimated living cost  is ₽31342 per week

₽22509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
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.
₽5956
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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