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
₽109739
₽83285
₽87182
₽103664
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
-
-
-
775
income
-
-
-
68 880
other
-
-
-
86
unemployment
-
-
-
602
pensions
-
-
-
24 350
total
-
-
-
94 693
Employee
44 834
-
187 069
-
other
44
-
86
-
unemployment
694
-
1 334
-
pensions
2 107
-
4 045
-
income
9 364
-
65 693
-
total
12 209
-
71 158
-
Employer
44 834
-
187 069
-
pensions
10 581
-
20 307
-
accident
888
-
1 704
-
unemployment
2 466
-
4 732
-
other
359
-
689
-
total
14 294
-
27 432
-
Corporate
155 372
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.

23 305
32 175
-
-
total
23 305
32 175
-
-
Dividends
132 067
182 325
-
-
withholding
28 403
39 961
-
-
total
28 403
39 961
-
-
Income
214 500
214 500
214 500
214 500
Total tax
78 211
72 136
98 590
94 693
After tax
136 289
142 364
115 910
119 807
Living cost
32 625
32 625
32 625
32 625
Free-cash
103 664
109 739
83 285
87 182

Estimated living cost  is ₽32625 per week

₽23430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
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.
₽6199
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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