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
₽104090
₽110096
₽83689
₽87541
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
other
-
-
-
85
unemployment
-
-
-
595
income
-
-
-
69 202
pensions
-
-
-
24 066
accident
-
-
-
766
total
-
-
-
94 714
Employee
44 311
-
187 389
-
unemployment
686
-
1 318
-
other
44
-
85
-
pensions
2 082
-
3 998
-
income
9 255
-
66 053
-
total
12 067
-
71 454
-
Employer
44 311
-
187 389
-
other
355
-
681
-
accident
878
-
1 684
-
pensions
10 457
-
20 070
-
unemployment
2 438
-
4 677
-
total
14 128
-
27 112
-
Corporate
156 061
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.

23 410
32 174
-
-
total
23 410
32 174
-
-
Dividends
132 652
182 326
-
-
withholding
28 560
39 985
-
-
total
28 560
39 985
-
-
Income
214 500
214 500
214 500
214 500
Total tax
78 165
72 159
98 566
94 714
After tax
136 335
142 341
115 934
119 786
Living cost
32 245
32 245
32 245
32 245
Free-cash
104 090
110 096
83 689
87 541

Estimated living cost  is ₽32245 per week

₽23157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
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.
₽6127
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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