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
₽103985
₽110007
₽83589
₽87451
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
-
-
-
86
unemployment
-
-
-
597
income
-
-
-
69 123
pensions
-
-
-
24 136
accident
-
-
-
768
total
-
-
-
94 710
Employee
44 441
-
187 310
-
unemployment
688
-
1 322
-
other
44
-
86
-
pensions
2 088
-
4 009
-
income
9 282
-
65 964
-
total
12 102
-
71 381
-
Employer
44 441
-
187 310
-
other
356
-
683
-
accident
880
-
1 689
-
pensions
10 488
-
20 129
-
unemployment
2 445
-
4 690
-
total
14 169
-
27 191
-
Corporate
155 890
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.

23 384
32 174
-
-
total
23 384
32 174
-
-
Dividends
132 507
182 326
-
-
withholding
28 521
39 980
-
-
total
28 521
39 980
-
-
Income
214 500
214 500
214 500
214 500
Total tax
78 176
72 154
98 572
94 710
After tax
136 324
142 346
115 928
119 790
Living cost
32 339
32 339
32 339
32 339
Free-cash
103 985
110 007
83 589
87 451

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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