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
₽4048
-₽5775
-₽3288
-₽2873
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
accident
-
-
-
527
income
-
-
-
8 772
pensions
-
-
-
16 555
other
-
-
-
59
unemployment
-
-
-
410
total
-
-
-
26 323
Employee
48 736
-
44 358
-
other
48
-
44
-
income
10 179
-
8 950
-
pensions
2 290
-
2 085
-
unemployment
755
-
687
-
total
13 272
-
11 766
-
Employer
48 736
-
44 358
-
accident
965
-
879
-
other
391
-
354
-
unemployment
2 681
-
2 440
-
pensions
11 501
-
10 469
-
total
15 538
-
14 142
-
Corporate
-
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.

-
8 774
-
-
total
-
8 774
-
-
Dividends
-
49 726
-
-
withholding
-
10 213
-
-
total
-
10 213
-
-
Income
58 500
58 500
58 500
58 500
Total tax
28 810
18 987
25 908
26 323
After tax
29 690
39 513
32 592
32 177
Living cost
35 465
35 465
35 465
35 465
Free-cash
-5 775
4 048
-2 873
-3 288

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
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.
₽6739
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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