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
₽ 71500
per

Your estimated
City
free-cash

Madrid , Spain
₽14431
₽5091
₽4585
₽7052
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
-
-
-
71 500
accident
-
-
-
644
income
-
-
-
11 667
other
-
-
-
71
unemployment
-
-
-
500
pensions
-
-
-
20 234
total
-
-
-
33 116
Employee
46 447
-
54 217
-
other
46
-
55
-
unemployment
719
-
840
-
pensions
2 183
-
2 548
-
income
9 701
-
11 884
-
total
12 649
-
15 327
-
Employer
46 447
-
54 217
-
pensions
10 961
-
12 795
-
accident
920
-
1 073
-
unemployment
2 555
-
2 982
-
other
372
-
433
-
total
14 808
-
17 283
-
Corporate
10 245
71 500
-
-
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.

1 537
10 726
-
-
total
1 537
10 726
-
-
Dividends
8 708
60 774
-
-
withholding
1 655
12 544
-
-
total
1 655
12 544
-
-
Income
71 500
71 500
71 500
71 500
Total tax
30 649
23 270
32 610
33 116
After tax
40 851
48 230
38 890
38 384
Living cost
33 799
33 799
33 799
33 799
Free-cash
7 052
14 431
5 091
4 585

Estimated living cost  is ₽33799 per week

₽24273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
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.
₽6422
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