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
₽ 176000
per

Your estimated
City
free-cash

Madrid , Spain
₽64622
₽86759
₽68235
₽81123
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
-
-
-
176 000
income
-
-
-
53 556
pensions
-
-
-
22 587
other
-
-
-
80
unemployment
-
-
-
559
accident
-
-
-
719
total
-
-
-
77 501
Employee
41 588
-
150 555
-
unemployment
644
-
1 237
-
pensions
1 954
-
3 752
-
other
41
-
80
-
income
8 686
-
50 600
-
total
11 325
-
55 669
-
Employer
41 588
-
150 555
-
accident
824
-
1 580
-
other
333
-
639
-
unemployment
2 288
-
4 389
-
pensions
9 815
-
18 837
-
total
13 260
-
25 445
-
Corporate
121 153
176 000
-
-
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.

18 173
26 399
-
-
total
18 173
26 399
-
-
Dividends
102 979
149 601
-
-
withholding
21 855
32 578
-
-
total
21 855
32 578
-
-
Income
176 000
176 000
176 000
176 000
Total tax
64 613
58 977
81 114
77 501
After tax
111 387
117 023
94 886
98 499
Living cost
30 264
30 264
30 264
30 264
Free-cash
81 123
86 759
64 622
68 235

Estimated living cost  is ₽30264 per week

₽21734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
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.
₽5751
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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