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
₽ 198500
per

Your estimated
City
free-cash

Madrid , Spain
₽77737
₽98626
₽92423
₽73762
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
-
-
-
198 500
accident
-
-
-
791
other
-
-
-
88
pensions
-
-
-
24 859
unemployment
-
-
-
615
income
-
-
-
61 102
total
-
-
-
87 455
Employee
45 772
-
170 495
-
pensions
2 151
-
4 129
-
unemployment
709
-
1 361
-
other
45
-
88
-
income
9 560
-
57 848
-
total
12 465
-
63 426
-
Employer
45 772
-
170 495
-
accident
906
-
1 739
-
pensions
10 802
-
20 731
-
other
367
-
703
-
unemployment
2 518
-
4 831
-
total
14 593
-
28 004
-
Corporate
138 135
198 500
-
-
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.

20 721
29 774
-
-
total
20 721
29 774
-
-
Dividends
117 415
168 726
-
-
withholding
24 990
36 792
-
-
total
24 990
36 792
-
-
Income
198 500
198 500
198 500
198 500
Total tax
72 769
66 566
91 430
87 455
After tax
125 731
131 934
107 070
111 045
Living cost
33 308
33 308
33 308
33 308
Free-cash
92 423
98 626
73 762
77 737

Estimated living cost  is ₽33308 per week

₽23920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
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.
₽6329
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.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close