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
₽ 62500
per

Your estimated
City
free-cash

Madrid , Spain
₽573
₽8829
₽1407
₽1015
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
-
-
-
62 500
pensions
-
-
-
17 687
other
-
-
-
63
unemployment
-
-
-
438
accident
-
-
-
562
income
-
-
-
9 821
total
-
-
-
28 571
Employee
45 838
-
47 390
-
pensions
2 154
-
2 228
-
other
45
-
47
-
unemployment
710
-
735
-
income
9 574
-
10 010
-
total
12 483
-
13 020
-
Employer
45 838
-
47 390
-
pensions
10 818
-
11 185
-
other
367
-
380
-
unemployment
2 522
-
2 606
-
accident
908
-
938
-
total
14 615
-
15 109
-
Corporate
2 048
62 500
-
-
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.

308
9 375
-
-
total
308
9 375
-
-
Dividends
1 740
53 125
-
-
withholding
331
10 940
-
-
total
331
10 940
-
-
Income
62 500
62 500
62 500
62 500
Total tax
27 737
20 315
28 129
28 571
After tax
34 763
42 185
34 371
33 929
Living cost
33 356
33 356
33 356
33 356
Free-cash
1 407
8 829
1 015
573

Estimated living cost  is ₽33356 per week

₽23955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
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.
₽6338
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