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
₽18478
₽24140
₽17317
₽31068
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
-
-
-
84
pensions
-
-
-
23 827
income
-
-
-
17 839
accident
-
-
-
758
unemployment
-
-
-
590
total
-
-
-
43 098
Employee
43 870
-
70 899
-
pensions
2 062
-
3 332
-
income
9 163
-
17 156
-
other
43
-
71
-
unemployment
679
-
1 100
-
total
11 947
-
21 659
-
Employer
43 870
-
70 899
-
pensions
10 353
-
16 731
-
other
352
-
567
-
unemployment
2 413
-
3 899
-
accident
869
-
1 403
-
total
13 987
-
22 600
-
Corporate
35 643
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.

5 346
14 025
-
-
total
5 346
14 025
-
-
Dividends
30 297
79 475
-
-
withholding
6 156
16 483
-
-
total
6 156
16 483
-
-
Income
93 500
93 500
93 500
93 500
Total tax
37 436
30 508
44 259
43 098
After tax
56 064
62 992
49 241
50 402
Living cost
31 924
31 924
31 924
31 924
Free-cash
24 140
31 068
17 317
18 478

Estimated living cost  is ₽31924 per week

₽22927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
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.
₽6066
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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