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
₽ 68000
per

Your estimated
City
free-cash

Madrid , Spain
₽12712
₽3921
₽3440
₽5434
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
-
-
-
68 000
accident
-
-
-
612
income
-
-
-
10 995
other
-
-
-
68
unemployment
-
-
-
476
pensions
-
-
-
19 244
total
-
-
-
31 395
Employee
45 575
-
51 561
-
other
45
-
52
-
unemployment
706
-
799
-
pensions
2 142
-
2 423
-
income
9 519
-
11 200
-
total
12 412
-
14 474
-
Employer
45 575
-
51 561
-
pensions
10 755
-
12 168
-
accident
903
-
1 021
-
unemployment
2 507
-
2 837
-
other
365
-
414
-
total
14 530
-
16 440
-
Corporate
7 895
68 000
-
-
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.

1 184
10 200
-
-
total
1 184
10 200
-
-
Dividends
6 711
57 800
-
-
withholding
1 275
11 923
-
-
total
1 275
11 923
-
-
Income
68 000
68 000
68 000
68 000
Total tax
29 401
22 123
30 914
31 395
After tax
38 599
45 877
37 086
36 605
Living cost
33 165
33 165
33 165
33 165
Free-cash
5 434
12 712
3 921
3 440

Estimated living cost  is ₽33165 per week

₽23817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
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.
₽6302
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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