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
-₽11381
-₽381
-₽5764
-₽6128
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
unemployment
-
-
-
333
income
-
-
-
6 888
pensions
-
-
-
13 443
accident
-
-
-
428
total
-
-
-
21 139
Employee
44 646
-
36 018
-
unemployment
691
-
558
-
other
44
-
37
-
pensions
2 098
-
1 693
-
income
9 325
-
7 004
-
total
12 158
-
9 292
-
Employer
44 646
-
36 018
-
other
358
-
288
-
accident
884
-
714
-
pensions
10 536
-
8 500
-
unemployment
2 456
-
1 981
-
total
14 234
-
11 483
-
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.

-
7 124
-
-
total
-
7 124
-
-
Dividends
-
40 376
-
-
withholding
-
8 268
-
-
total
-
8 268
-
-
Income
47 500
47 500
47 500
47 500
Total tax
26 392
15 392
20 775
21 139
After tax
21 108
32 108
26 725
26 361
Living cost
32 489
32 489
32 489
32 489
Free-cash
-11 381
-381
-5 764
-6 128

Estimated living cost  is ₽32489 per week

₽23332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
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.
₽6173
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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