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
₽ 80500
per

Your estimated
City
free-cash

Madrid , Spain
₽10043
₽21634
₽14550
₽10611
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
-
-
-
80 500
accident
-
-
-
724
other
-
-
-
81
pensions
-
-
-
22 781
unemployment
-
-
-
564
income
-
-
-
13 672
total
-
-
-
37 822
Employee
44 846
-
61 040
-
pensions
2 108
-
2 869
-
unemployment
694
-
946
-
other
44
-
62
-
income
9 367
-
13 917
-
total
12 213
-
17 794
-
Employer
44 846
-
61 040
-
accident
888
-
1 209
-
pensions
10 584
-
14 406
-
other
359
-
488
-
unemployment
2 467
-
3 357
-
total
14 298
-
19 460
-
Corporate
21 355
80 500
-
-
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.

3 204
12 074
-
-
total
3 204
12 074
-
-
Dividends
18 152
68 426
-
-
withholding
3 600
14 157
-
-
total
3 600
14 157
-
-
Income
80 500
80 500
80 500
80 500
Total tax
33 315
26 231
37 254
37 822
After tax
47 185
54 269
43 246
42 678
Living cost
32 635
32 635
32 635
32 635
Free-cash
14 550
21 634
10 611
10 043

Estimated living cost  is ₽32635 per week

₽23437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
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.
₽6201
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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