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
₽9460
₽6334
₽16491
₽6847
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
accident
-
-
-
653
unemployment
-
-
-
507
pensions
-
-
-
20 517
other
-
-
-
72
income
-
-
-
12 015
total
-
-
-
33 764
Employee
44 526
-
54 974
-
pensions
2 093
-
2 584
-
other
44
-
54
-
income
9 300
-
12 236
-
unemployment
689
-
852
-
total
12 126
-
15 726
-
Employer
44 526
-
54 974
-
accident
882
-
1 088
-
other
357
-
441
-
unemployment
2 449
-
3 023
-
pensions
10 508
-
12 973
-
total
14 196
-
17 525
-
Corporate
13 777
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.

2 066
10 875
-
-
total
2 066
10 875
-
-
Dividends
11 711
61 625
-
-
withholding
2 250
12 732
-
-
total
2 250
12 732
-
-
Income
72 500
72 500
72 500
72 500
Total tax
30 638
23 607
33 251
33 764
After tax
41 862
48 893
39 249
38 736
Living cost
32 402
32 402
32 402
32 402
Free-cash
9 460
16 491
6 847
6 334

Estimated living cost  is ₽32402 per week

₽23270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
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.
₽6157
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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