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
₽97441
₽103463
₽78089
₽81951
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
other
-
-
-
86
unemployment
-
-
-
597
income
-
-
-
64 623
pensions
-
-
-
24 136
accident
-
-
-
768
total
-
-
-
90 210
Employee
44 441
-
177 310
-
unemployment
688
-
1 322
-
other
44
-
86
-
pensions
2 088
-
4 009
-
income
9 282
-
61 464
-
total
12 102
-
66 881
-
Employer
44 441
-
177 310
-
other
356
-
683
-
accident
880
-
1 689
-
pensions
10 488
-
20 129
-
unemployment
2 445
-
4 690
-
total
14 169
-
27 191
-
Corporate
145 890
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.

21 884
30 674
-
-
total
21 884
30 674
-
-
Dividends
124 007
173 826
-
-
withholding
26 565
38 024
-
-
total
26 565
38 024
-
-
Income
204 500
204 500
204 500
204 500
Total tax
74 720
68 698
94 072
90 210
After tax
129 780
135 802
110 428
114 290
Living cost
32 339
32 339
32 339
32 339
Free-cash
97 441
103 463
78 089
81 951

Estimated living cost  is ₽32339 per week

₽23225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
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.
₽6145
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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