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
-₽10828
-₽5465
-₽79
-₽5831
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
accident
-
-
-
428
income
-
-
-
6 898
pensions
-
-
-
13 442
other
-
-
-
47
unemployment
-
-
-
332
total
-
-
-
21 147
Employee
44 227
-
36 018
-
unemployment
685
-
558
-
pensions
2 078
-
1 693
-
income
9 237
-
7 013
-
other
43
-
36
-
total
12 043
-
9 300
-
Employer
44 227
-
36 018
-
pensions
10 437
-
8 500
-
other
355
-
287
-
unemployment
2 433
-
1 981
-
accident
876
-
713
-
total
14 101
-
11 481
-
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
-
8 270
-
-
total
-
8 270
-
-
Income
47 500
47 500
47 500
47 500
Total tax
26 144
15 395
20 781
21 147
After tax
21 356
32 105
26 719
26 353
Living cost
32 184
32 184
32 184
32 184
Free-cash
-10 828
-79
-5 465
-5 831

Estimated living cost  is ₽32184 per week

₽23113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
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.
₽6115
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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