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
₽9037
₽16023
₽6533
₽6027
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
other
-
-
-
71
unemployment
-
-
-
501
income
-
-
-
11 825
pensions
-
-
-
20 235
accident
-
-
-
643
total
-
-
-
33 275
Employee
44 246
-
54 217
-
unemployment
685
-
840
-
other
43
-
54
-
pensions
2 079
-
2 549
-
income
9 241
-
12 042
-
total
12 048
-
15 485
-
Employer
44 246
-
54 217
-
other
355
-
433
-
accident
876
-
1 073
-
pensions
10 442
-
12 796
-
unemployment
2 434
-
2 982
-
total
14 107
-
17 284
-
Corporate
13 147
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.

1 972
10 725
-
-
total
1 972
10 725
-
-
Dividends
11 176
60 775
-
-
withholding
2 138
12 554
-
-
total
2 138
12 554
-
-
Income
71 500
71 500
71 500
71 500
Total tax
30 265
23 279
32 769
33 275
After tax
41 235
48 221
38 731
38 225
Living cost
32 198
32 198
32 198
32 198
Free-cash
9 037
16 023
6 533
6 027

Estimated living cost  is ₽32198 per week

₽23123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
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.
₽6118
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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