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
₽ 214500
per

Your estimated
City
free-cash

Madrid , Spain
₽87293
₽109848
₽103795
₽83412
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
-
-
-
214 500
accident
-
-
-
772
other
-
-
-
86
pensions
-
-
-
24 262
unemployment
-
-
-
600
income
-
-
-
68 979
total
-
-
-
94 699
Employee
44 673
-
187 168
-
pensions
2 099
-
4 030
-
unemployment
692
-
1 329
-
other
44
-
86
-
income
9 331
-
65 803
-
total
12 166
-
71 248
-
Employer
44 673
-
187 168
-
accident
885
-
1 697
-
pensions
10 543
-
20 234
-
other
358
-
686
-
unemployment
2 457
-
4 715
-
total
14 243
-
27 332
-
Corporate
155 584
214 500
-
-
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.

23 337
32 175
-
-
total
23 337
32 175
-
-
Dividends
132 247
182 325
-
-
withholding
28 451
39 969
-
-
total
28 451
39 969
-
-
Income
214 500
214 500
214 500
214 500
Total tax
78 197
72 144
98 580
94 699
After tax
136 303
142 356
115 920
119 801
Living cost
32 508
32 508
32 508
32 508
Free-cash
103 795
109 848
83 412
87 293

Estimated living cost  is ₽32508 per week

₽23346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
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.
₽6177
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