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
₽ 215000
per

Your estimated
City
free-cash

Madrid , Spain
₽107394
₽100792
₽84773
₽80539
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
-
-
-
215 000
accident
-
-
-
843
income
-
-
-
66 697
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
94 760
Employee
48 739
-
185 180
-
other
48
-
94
-
income
10 180
-
63 232
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
69 173
-
Employer
48 739
-
185 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
150 722
215 000
-
-
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.

22 608
32 251
-
-
total
22 608
32 251
-
-
Dividends
128 114
182 749
-
-
withholding
27 321
39 888
-
-
total
27 321
39 888
-
-
Income
215 000
215 000
215 000
215 000
Total tax
78 741
72 139
98 994
94 760
After tax
136 259
142 861
116 006
120 240
Living cost
35 467
35 467
35 467
35 467
Free-cash
100 792
107 394
80 539
84 773

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
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.
₽6739
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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