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
₽ 6500

per

Your estimated

Best value All models

City

free-cash

Madrid , Spain

-₽53326

-₽38501

-₽32653

-₽28535

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

6 500

unemployment

141

income

other

accident

182

pensions

5 716

total

6 143

Employee

45 362

unemployment

702

487

pensions

2 132

1 474

income

9 475

other

total

12 354

1 993

Employer

45 362

pensions

10 705

7 402

accident

898

620

unemployment

2 495

1 725

other

364

251

total

14 462

9 998

Corporate

6 500

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.

975

total

975

Dividends

5 525

withholding

1 050

total

1 050

Income

6 500

Total tax

26 816

2 025

11 991

6 143

After tax

-20 316

4 475

-5 491

357

Living cost

33 010

Free-cash

-53 326

-28 535

-38 501

-32 653

Estimated living cost is ₽33010 per week

₽23706

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

₽2567

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.

₽6272

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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