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
₽ 87500
per

Your estimated
City
free-cash

Madrid , Spain
₽11218
₽11840
₽16223
₽23847
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
-
-
-
87 500
other
-
-
-
87
unemployment
-
-
-
613
accident
-
-
-
787
income
-
-
-
14 895
pensions
-
-
-
24 763
total
-
-
-
41 145
Employee
48 285
-
66 349
-
income
10 085
-
15 160
-
pensions
2 269
-
3 119
-
unemployment
748
-
1 028
-
other
47
-
66
-
total
13 149
-
19 373
-
Employer
48 285
-
66 349
-
pensions
11 395
-
15 658
-
other
387
-
531
-
accident
956
-
1 313
-
unemployment
2 656
-
3 648
-
total
15 394
-
21 150
-
Corporate
23 820
87 500
-
-
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.

3 573
13 125
-
-
total
3 573
13 125
-
-
Dividends
20 248
74 375
-
-
withholding
4 024
15 391
-
-
total
4 024
15 391
-
-
Income
87 500
87 500
87 500
87 500
Total tax
36 140
28 516
40 523
41 145
After tax
51 360
58 984
46 977
46 355
Living cost
35 137
35 137
35 137
35 137
Free-cash
16 223
23 847
11 840
11 218

Estimated living cost  is ₽35137 per week

₽25234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
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.
₽6677
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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