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
₽19112
₽24749
₽17701
₽31567
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
-
-
-
83
pensions
-
-
-
23 452
income
-
-
-
18 103
accident
-
-
-
747
unemployment
-
-
-
580
total
-
-
-
42 965
Employee
43 181
-
70 898
-
pensions
2 029
-
3 332
-
income
9 019
-
17 272
-
other
42
-
71
-
unemployment
669
-
1 099
-
total
11 759
-
21 774
-
Employer
43 181
-
70 898
-
pensions
10 191
-
16 732
-
other
346
-
568
-
unemployment
2 375
-
3 899
-
accident
855
-
1 403
-
total
13 767
-
22 602
-
Corporate
36 551
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.

5 482
14 025
-
-
total
5 482
14 025
-
-
Dividends
31 069
79 475
-
-
withholding
6 320
16 485
-
-
total
6 320
16 485
-
-
Income
93 500
93 500
93 500
93 500
Total tax
37 328
30 510
44 376
42 965
After tax
56 172
62 990
49 124
50 535
Living cost
31 423
31 423
31 423
31 423
Free-cash
24 749
31 567
17 701
19 112

Estimated living cost  is ₽31423 per week

₽22567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2443
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
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.
₽5971
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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