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
₽ 86500
per

Your estimated
City
free-cash

Madrid , Spain
₽25555
₽12919
₽18452
₽13501
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
-
-
-
86 500
unemployment
-
-
-
605
other
-
-
-
87
pensions
-
-
-
24 436
accident
-
-
-
778
income
-
-
-
14 934
total
-
-
-
40 840
Employee
44 993
-
65 587
-
unemployment
697
-
1 017
-
income
9 397
-
15 184
-
other
44
-
65
-
pensions
2 114
-
3 083
-
total
12 252
-
19 349
-
Employer
44 993
-
65 587
-
unemployment
2 475
-
3 607
-
pensions
10 618
-
15 478
-
other
361
-
525
-
accident
891
-
1 299
-
total
14 345
-
20 909
-
Corporate
27 163
86 500
-
-
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.

4 075
12 975
-
-
total
4 075
12 975
-
-
Dividends
23 088
73 525
-
-
withholding
4 635
15 229
-
-
total
4 635
15 229
-
-
Income
86 500
86 500
86 500
86 500
Total tax
35 307
28 204
40 258
40 840
After tax
51 193
58 296
46 242
45 660
Living cost
32 741
32 741
32 741
32 741
Free-cash
18 452
25 555
13 501
12 919

Estimated living cost  is ₽32741 per week

₽23513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
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.
₽6221
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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