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
₽12848
₽25507
₽18393
₽13457
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
accident
-
-
-
779
other
-
-
-
87
pensions
-
-
-
24 472
unemployment
-
-
-
606
income
-
-
-
14 919
total
-
-
-
40 863
Employee
45 058
-
65 589
-
pensions
2 117
-
3 082
-
unemployment
698
-
1 016
-
other
44
-
66
-
income
9 411
-
15 179
-
total
12 270
-
19 343
-
Employer
45 058
-
65 589
-
accident
892
-
1 300
-
pensions
10 634
-
15 479
-
other
361
-
524
-
unemployment
2 479
-
3 608
-
total
14 366
-
20 911
-
Corporate
27 076
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.

4 061
12 976
-
-
total
4 061
12 976
-
-
Dividends
23 015
73 524
-
-
withholding
4 621
15 228
-
-
total
4 621
15 228
-
-
Income
86 500
86 500
86 500
86 500
Total tax
35 318
28 204
40 254
40 863
After tax
51 182
58 296
46 246
45 637
Living cost
32 789
32 789
32 789
32 789
Free-cash
18 393
25 507
13 457
12 848

Estimated living cost  is ₽32789 per week

₽23547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
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.
₽6230
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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