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
₽101009
₽75314
₽79488
₽94503
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
-
-
-
830
income
-
-
-
62 412
other
-
-
-
92
unemployment
-
-
-
645
pensions
-
-
-
26 084
total
-
-
-
90 063
Employee
48 026
-
175 116
-
other
47
-
92
-
unemployment
744
-
1 429
-
pensions
2 257
-
4 333
-
income
10 031
-
58 998
-
total
13 079
-
64 852
-
Employer
48 026
-
175 116
-
pensions
11 334
-
21 753
-
accident
951
-
1 825
-
unemployment
2 642
-
5 069
-
other
385
-
738
-
total
15 312
-
29 385
-
Corporate
141 162
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.

21 173
30 675
-
-
total
21 173
30 675
-
-
Dividends
119 988
173 825
-
-
withholding
25 484
37 867
-
-
total
25 484
37 867
-
-
Income
204 500
204 500
204 500
204 500
Total tax
75 048
68 542
94 237
90 063
After tax
129 452
135 958
110 263
114 437
Living cost
34 949
34 949
34 949
34 949
Free-cash
94 503
101 009
75 314
79 488

Estimated living cost  is ₽34949 per week

₽25099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
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.
₽6641
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