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
₽ 204500
per

Your estimated
City
free-cash

Madrid , Spain
₽97348
₽78003
₽103385
₽81873
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
-
-
-
204 500
accident
-
-
-
770
income
-
-
-
64 553
pensions
-
-
-
24 198
other
-
-
-
86
unemployment
-
-
-
599
total
-
-
-
90 206
Employee
44 553
-
177 241
-
unemployment
690
-
1 325
-
pensions
2 094
-
4 019
-
income
9 306
-
61 386
-
other
44
-
86
-
total
12 134
-
66 816
-
Employer
44 553
-
177 241
-
pensions
10 514
-
20 180
-
other
357
-
685
-
unemployment
2 451
-
4 702
-
accident
882
-
1 693
-
total
14 204
-
27 260
-
Corporate
145 742
204 500
-
-
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.

21 862
30 675
-
-
total
21 862
30 675
-
-
Dividends
123 880
173 825
-
-
withholding
26 531
38 019
-
-
total
26 531
38 019
-
-
Income
204 500
204 500
204 500
204 500
Total tax
74 731
68 694
94 076
90 206
After tax
129 769
135 806
110 424
114 294
Living cost
32 421
32 421
32 421
32 421
Free-cash
97 348
103 385
78 003
81 873

Estimated living cost  is ₽32421 per week

₽23284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
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.
₽6161
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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