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
₽ 84500
per

Your estimated
City
free-cash

Madrid , Spain
₽21506
₽13808
₽9451
₽10049
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
-
-
-
84 500
accident
-
-
-
760
income
-
-
-
14 232
pensions
-
-
-
23 914
other
-
-
-
84
unemployment
-
-
-
592
total
-
-
-
39 582
Employee
48 738
-
64 074
-
other
48
-
63
-
income
10 180
-
14 489
-
pensions
2 290
-
3 011
-
unemployment
755
-
994
-
total
13 273
-
18 557
-
Employer
48 738
-
64 074
-
accident
965
-
1 268
-
other
391
-
513
-
unemployment
2 681
-
3 524
-
pensions
11 502
-
15 122
-
total
15 539
-
20 427
-
Corporate
20 223
84 500
-
-
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.

3 033
12 674
-
-
total
3 033
12 674
-
-
Dividends
17 189
71 826
-
-
withholding
3 380
14 853
-
-
total
3 380
14 853
-
-
Income
84 500
84 500
84 500
84 500
Total tax
35 225
27 527
38 984
39 582
After tax
49 275
56 973
45 516
44 918
Living cost
35 467
35 467
35 467
35 467
Free-cash
13 808
21 506
10 049
9 451

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
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.
₽6739
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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