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
₽10200
₽17097
₽7397
₽6882
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
-
-
-
508
income
-
-
-
12 076
pensions
-
-
-
20 518
accident
-
-
-
652
total
-
-
-
33 826
Employee
43 689
-
54 974
-
unemployment
676
-
851
-
other
43
-
55
-
pensions
2 053
-
2 584
-
income
9 125
-
12 296
-
total
11 897
-
15 786
-
Employer
43 689
-
54 974
-
other
350
-
439
-
accident
865
-
1 088
-
pensions
10 310
-
12 975
-
unemployment
2 403
-
3 023
-
total
13 928
-
17 525
-
Corporate
14 882
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.

2 232
10 875
-
-
total
2 232
10 875
-
-
Dividends
12 651
61 625
-
-
withholding
2 451
12 736
-
-
total
2 451
12 736
-
-
Income
72 500
72 500
72 500
72 500
Total tax
30 508
23 611
33 311
33 826
After tax
41 992
48 889
39 189
38 674
Living cost
31 792
31 792
31 792
31 792
Free-cash
10 200
17 097
7 397
6 882

Estimated living cost  is ₽31792 per week

₽22832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
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.
₽6041
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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