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
₽ 93500
per

Your estimated
City
free-cash

Madrid , Spain
₽16957
₽30607
₽17889
₽23578
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
-
-
-
93 500
other
-
-
-
86
accident
-
-
-
770
income
-
-
-
17 595
pensions
-
-
-
24 173
unemployment
-
-
-
598
total
-
-
-
43 222
Employee
44 509
-
70 897
-
income
9 296
-
17 049
-
other
44
-
72
-
pensions
2 092
-
3 332
-
unemployment
689
-
1 098
-
total
12 121
-
21 551
-
Employer
44 509
-
70 897
-
other
357
-
567
-
unemployment
2 448
-
3 900
-
accident
881
-
1 404
-
pensions
10 504
-
16 732
-
total
14 190
-
22 603
-
Corporate
34 801
93 500
-
-
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.

5 220
14 024
-
-
total
5 220
14 024
-
-
Dividends
29 580
79 476
-
-
withholding
6 002
16 480
-
-
total
6 002
16 480
-
-
Income
93 500
93 500
93 500
93 500
Total tax
37 533
30 504
44 154
43 222
After tax
55 967
62 996
49 346
50 278
Living cost
32 389
32 389
32 389
32 389
Free-cash
23 578
30 607
16 957
17 889

Estimated living cost  is ₽32389 per week

₽23260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
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.
₽6154
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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