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
₽ 217000
per

Your estimated
City
free-cash

Madrid , Spain
₽85920
₽112486
₽89674
₽106634
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
-
-
-
217 000
income
-
-
-
71 010
pensions
-
-
-
23 465
other
-
-
-
83
unemployment
-
-
-
581
accident
-
-
-
747
total
-
-
-
95 886
Employee
43 204
-
190 566
-
unemployment
669
-
1 285
-
pensions
2 030
-
3 898
-
other
42
-
83
-
income
9 024
-
67 939
-
total
11 765
-
73 205
-
Employer
43 204
-
190 566
-
accident
856
-
1 642
-
other
346
-
664
-
unemployment
2 377
-
4 560
-
pensions
10 196
-
19 569
-
total
13 775
-
26 435
-
Corporate
160 021
217 000
-
-
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.

24 003
32 551
-
-
total
24 003
32 551
-
-
Dividends
136 018
184 449
-
-
withholding
29 383
40 523
-
-
total
29 383
40 523
-
-
Income
217 000
217 000
217 000
217 000
Total tax
78 926
73 074
99 640
95 886
After tax
138 074
143 926
117 360
121 114
Living cost
31 440
31 440
31 440
31 440
Free-cash
106 634
112 486
85 920
89 674

Estimated living cost  is ₽31440 per week

₽22579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
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.
₽5974
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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