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
₽ 60500
per

Your estimated
City
free-cash

Madrid , Spain
-₽59
₽7872
₽517
₽371
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
-
-
-
60 500
pensions
-
-
-
17 122
other
-
-
-
61
unemployment
-
-
-
424
accident
-
-
-
545
income
-
-
-
9 439
total
-
-
-
27 591
Employee
45 305
-
45 874
-
pensions
2 129
-
2 156
-
other
45
-
46
-
unemployment
701
-
710
-
income
9 463
-
9 623
-
total
12 338
-
12 535
-
Employer
45 305
-
45 874
-
pensions
10 692
-
10 827
-
other
363
-
368
-
unemployment
2 492
-
2 523
-
accident
897
-
908
-
total
14 444
-
14 626
-
Corporate
751
60 500
-
-
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.

112
9 075
-
-
total
112
9 075
-
-
Dividends
639
51 425
-
-
withholding
121
10 585
-
-
total
121
10 585
-
-
Income
60 500
60 500
60 500
60 500
Total tax
27 015
19 660
27 161
27 591
After tax
33 485
40 840
33 339
32 909
Living cost
32 968
32 968
32 968
32 968
Free-cash
517
7 872
371
-59

Estimated living cost  is ₽32968 per week

₽23676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
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.
₽6264
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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