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
₽31853
₽17923
₽25098
₽19479
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
accident
-
-
-
740
unemployment
-
-
-
575
pensions
-
-
-
23 237
other
-
-
-
82
income
-
-
-
18 253
total
-
-
-
42 887
Employee
42 785
-
70 897
-
pensions
2 011
-
3 332
-
income
8 936
-
17 340
-
unemployment
662
-
1 099
-
other
42
-
71
-
total
11 651
-
21 842
-
Employer
42 785
-
70 897
-
other
343
-
567
-
unemployment
2 354
-
3 899
-
accident
847
-
1 404
-
pensions
10 097
-
16 731
-
total
13 641
-
22 601
-
Corporate
37 074
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.

5 561
14 024
-
-
total
5 561
14 024
-
-
Dividends
31 513
79 476
-
-
withholding
6 415
16 489
-
-
total
6 415
16 489
-
-
Income
93 500
93 500
93 500
93 500
Total tax
37 268
30 513
44 443
42 887
After tax
56 232
62 987
49 057
50 613
Living cost
31 134
31 134
31 134
31 134
Free-cash
25 098
31 853
17 923
19 479

Estimated living cost  is ₽31134 per week

₽22359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
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.
₽5916
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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