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
₽ 72500
per

Your estimated
City
free-cash

Madrid , Spain
₽8063
₽15360
₽5823
₽5306
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
-
-
-
72 500
other
-
-
-
72
unemployment
-
-
-
507
income
-
-
-
11 904
pensions
-
-
-
20 518
accident
-
-
-
652
total
-
-
-
33 653
Employee
46 092
-
54 972
-
unemployment
714
-
851
-
other
45
-
54
-
pensions
2 166
-
2 584
-
income
9 627
-
12 123
-
total
12 552
-
15 612
-
Employer
46 092
-
54 972
-
other
369
-
440
-
accident
913
-
1 088
-
pensions
10 878
-
12 973
-
unemployment
2 536
-
3 023
-
total
14 696
-
17 524
-
Corporate
11 713
72 500
-
-
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.

1 757
10 876
-
-
total
1 757
10 876
-
-
Dividends
9 956
61 624
-
-
withholding
1 891
12 723
-
-
total
1 891
12 723
-
-
Income
72 500
72 500
72 500
72 500
Total tax
30 896
23 599
33 136
33 653
After tax
41 604
48 901
39 364
38 847
Living cost
33 541
33 541
33 541
33 541
Free-cash
8 063
15 360
5 823
5 306

Estimated living cost  is ₽33541 per week

₽24088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
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.
₽6373
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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