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
₽551
₽8544
₽1358
₽979
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
accident
-
-
-
544
other
-
-
-
61
pensions
-
-
-
17 121
unemployment
-
-
-
424
income
-
-
-
9 506
total
-
-
-
27 656
Employee
44 376
-
45 874
-
pensions
2 085
-
2 155
-
unemployment
687
-
711
-
other
44
-
45
-
income
9 269
-
9 691
-
total
12 085
-
12 602
-
Employer
44 376
-
45 874
-
accident
879
-
908
-
pensions
10 473
-
10 827
-
other
356
-
368
-
unemployment
2 441
-
2 523
-
total
14 149
-
14 626
-
Corporate
1 975
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.

296
9 074
-
-
total
296
9 074
-
-
Dividends
1 679
51 426
-
-
withholding
319
10 589
-
-
total
319
10 589
-
-
Income
60 500
60 500
60 500
60 500
Total tax
26 849
19 663
27 228
27 656
After tax
33 651
40 837
33 272
32 844
Living cost
32 293
32 293
32 293
32 293
Free-cash
1 358
8 544
979
551

Estimated living cost  is ₽32293 per week

₽23191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
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.
₽6136
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