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
₽10374
₽17244
₽7529
₽7015
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
-
-
-
12 090
pensions
-
-
-
20 518
accident
-
-
-
653
total
-
-
-
33 840
Employee
43 486
-
54 974
-
unemployment
673
-
853
-
other
43
-
55
-
pensions
2 044
-
2 584
-
income
9 083
-
12 310
-
total
11 843
-
15 802
-
Employer
43 486
-
54 974
-
other
349
-
439
-
accident
861
-
1 088
-
pensions
10 263
-
12 974
-
unemployment
2 392
-
3 023
-
total
13 865
-
17 524
-
Corporate
15 149
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.

2 273
10 874
-
-
total
2 273
10 874
-
-
Dividends
12 877
61 626
-
-
withholding
2 500
12 737
-
-
total
2 500
12 737
-
-
Income
72 500
72 500
72 500
72 500
Total tax
30 481
23 611
33 326
33 840
After tax
42 019
48 889
39 174
38 660
Living cost
31 645
31 645
31 645
31 645
Free-cash
10 374
17 244
7 529
7 015

Estimated living cost  is ₽31645 per week

₽22726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
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.
₽6013
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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