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
₽11984
₽23883
₽11371
₽16415
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
pensions
-
-
-
24 480
accident
-
-
-
779
unemployment
-
-
-
606
other
-
-
-
87
income
-
-
-
14 754
total
-
-
-
40 706
Employee
47 304
-
65 587
-
unemployment
732
-
1 017
-
pensions
2 223
-
3 082
-
other
46
-
65
-
income
9 880
-
15 018
-
total
12 881
-
19 182
-
Employer
47 304
-
65 587
-
pensions
11 164
-
15 478
-
other
379
-
526
-
unemployment
2 602
-
3 608
-
accident
937
-
1 299
-
total
15 082
-
20 911
-
Corporate
24 114
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.

3 617
12 976
-
-
total
3 617
12 976
-
-
Dividends
20 497
73 524
-
-
withholding
4 082
15 218
-
-
total
4 082
15 218
-
-
Income
86 500
86 500
86 500
86 500
Total tax
35 662
28 194
40 093
40 706
After tax
50 838
58 306
46 407
45 794
Living cost
34 423
34 423
34 423
34 423
Free-cash
16 415
23 883
11 984
11 371

Estimated living cost  is ₽34423 per week

₽24721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
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.
₽6541
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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