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
₽ 58500
per

Your estimated
City
free-cash

Madrid , Spain
₽391
₽1119
₽808
₽8105
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
-
-
-
58 500
other
-
-
-
59
pensions
-
-
-
16 555
income
-
-
-
9 177
accident
-
-
-
527
unemployment
-
-
-
410
total
-
-
-
26 728
Employee
43 124
-
44 359
-
pensions
2 027
-
2 084
-
income
9 007
-
9 354
-
other
42
-
44
-
unemployment
668
-
688
-
total
11 744
-
12 170
-
Employer
43 124
-
44 359
-
pensions
10 177
-
10 469
-
other
346
-
354
-
unemployment
2 372
-
2 440
-
accident
854
-
878
-
total
13 749
-
14 141
-
Corporate
1 627
58 500
-
-
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.

244
8 776
-
-
total
244
8 776
-
-
Dividends
1 383
49 724
-
-
withholding
263
10 238
-
-
total
263
10 238
-
-
Income
58 500
58 500
58 500
58 500
Total tax
26 000
19 014
26 311
26 728
After tax
32 500
39 486
32 189
31 772
Living cost
31 381
31 381
31 381
31 381
Free-cash
1 119
8 105
808
391

Estimated living cost  is ₽31381 per week

₽22537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2440
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.
₽5963
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