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
₽102787
₽82458
₽86445
₽109005
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
unemployment
-
-
-
617
accident
-
-
-
794
pensions
-
-
-
24 931
income
-
-
-
68 220
other
-
-
-
88
total
-
-
-
94 650
Employee
45 904
-
186 414
-
other
45
-
88
-
income
9 588
-
64 957
-
pensions
2 157
-
4 141
-
unemployment
711
-
1 365
-
total
12 501
-
70 551
-
Employer
45 904
-
186 414
-
accident
909
-
1 744
-
unemployment
2 525
-
4 845
-
pensions
10 833
-
20 792
-
other
368
-
705
-
total
14 635
-
28 086
-
Corporate
153 960
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.

23 093
32 175
-
-
total
23 093
32 175
-
-
Dividends
130 867
182 325
-
-
withholding
28 079
39 915
-
-
total
28 079
39 915
-
-
Income
214 500
214 500
214 500
214 500
Total tax
78 308
72 090
98 637
94 650
After tax
136 192
142 410
115 863
119 850
Living cost
33 405
33 405
33 405
33 405
Free-cash
102 787
109 005
82 458
86 445

Estimated living cost  is ₽33405 per week

₽23990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
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.
₽6347
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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