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
₽6006
₽15564
₽5491
₽8319
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
income
-
-
-
11 923
pensions
-
-
-
20 517
unemployment
-
-
-
508
accident
-
-
-
652
other
-
-
-
72
total
-
-
-
33 672
Employee
45 811
-
54 974
-
pensions
2 153
-
2 583
-
other
45
-
56
-
income
9 568
-
12 142
-
unemployment
709
-
851
-
total
12 475
-
15 632
-
Employer
45 811
-
54 974
-
accident
907
-
1 089
-
unemployment
2 520
-
3 024
-
other
367
-
439
-
pensions
10 811
-
12 973
-
total
14 605
-
17 525
-
Corporate
12 083
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.

1 813
10 874
-
-
total
1 813
10 874
-
-
Dividends
10 270
61 626
-
-
withholding
1 951
12 725
-
-
total
1 951
12 725
-
-
Income
72 500
72 500
72 500
72 500
Total tax
30 844
23 599
33 157
33 672
After tax
41 656
48 901
39 343
38 828
Living cost
33 337
33 337
33 337
33 337
Free-cash
8 319
15 564
6 006
5 491

Estimated living cost  is ₽33337 per week

₽23941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
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.
₽6334
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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