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
₽ 53500
per

Your estimated
City
free-cash

Madrid , Spain
₽102
-₽278
₽142
₽6710
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
-
-
-
53 500
other
-
-
-
54
unemployment
-
-
-
375
pensions
-
-
-
15 141
income
-
-
-
8 322
accident
-
-
-
481
total
-
-
-
24 373
Employee
40 408
-
40 568
-
pensions
1 899
-
1 907
-
income
8 440
-
8 484
-
unemployment
626
-
629
-
other
40
-
41
-
total
11 005
-
11 061
-
Employer
40 408
-
40 568
-
other
324
-
324
-
accident
800
-
803
-
pensions
9 536
-
9 574
-
unemployment
2 223
-
2 231
-
total
12 883
-
12 932
-
Corporate
209
53 500
-
-
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.

32
8 025
-
-
total
32
8 025
-
-
Dividends
177
45 475
-
-
withholding
33
9 360
-
-
total
33
9 360
-
-
Income
53 500
53 500
53 500
53 500
Total tax
23 953
17 385
23 993
24 373
After tax
29 547
36 115
29 507
29 127
Living cost
29 405
29 405
29 405
29 405
Free-cash
142
6 710
102
-278

Estimated living cost  is ₽29405 per week

₽21117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
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.
₽5587
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.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close