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
₽ 68500
per

Your estimated
City
free-cash

Madrid , Spain
₽11404
₽2678
₽2194
₽3714
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
-
-
-
68 500
accident
-
-
-
617
income
-
-
-
10 936
other
-
-
-
68
unemployment
-
-
-
479
pensions
-
-
-
19 386
total
-
-
-
31 486
Employee
47 849
-
51 941
-
other
47
-
53
-
unemployment
741
-
805
-
pensions
2 249
-
2 440
-
income
9 994
-
11 145
-
total
13 031
-
14 443
-
Employer
47 849
-
51 941
-
pensions
11 292
-
12 259
-
accident
948
-
1 028
-
unemployment
2 632
-
2 856
-
other
384
-
416
-
total
15 256
-
16 559
-
Corporate
5 395
68 500
-
-
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.

808
10 275
-
-
total
808
10 275
-
-
Dividends
4 587
58 225
-
-
withholding
871
12 001
-
-
total
871
12 001
-
-
Income
68 500
68 500
68 500
68 500
Total tax
29 966
22 276
31 002
31 486
After tax
38 534
46 224
37 498
37 014
Living cost
34 820
34 820
34 820
34 820
Free-cash
3 714
11 404
2 678
2 194

Estimated living cost  is ₽34820 per week

₽25006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
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.
₽6616
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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