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
₽ 225500
per

Your estimated
City
free-cash

Madrid , Spain
₽87230
₽115077
₽91363
₽108635
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
-
-
-
225 500
pensions
-
-
-
25 827
accident
-
-
-
822
unemployment
-
-
-
639
other
-
-
-
92
income
-
-
-
72 152
total
-
-
-
99 532
Employee
47 555
-
196 404
-
unemployment
736
-
1 415
-
pensions
2 235
-
4 290
-
other
47
-
92
-
income
9 932
-
68 772
-
total
12 950
-
74 569
-
Employer
47 555
-
196 404
-
pensions
11 223
-
21 539
-
other
381
-
731
-
unemployment
2 616
-
5 019
-
accident
942
-
1 807
-
total
15 162
-
29 096
-
Corporate
162 784
225 500
-
-
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.

24 417
33 825
-
-
total
24 417
33 825
-
-
Dividends
138 367
191 675
-
-
withholding
29 731
41 993
-
-
total
29 731
41 993
-
-
Income
225 500
225 500
225 500
225 500
Total tax
82 260
75 818
103 665
99 532
After tax
143 240
149 682
121 835
125 968
Living cost
34 605
34 605
34 605
34 605
Free-cash
108 635
115 077
87 230
91 363

Estimated living cost  is ₽34605 per week

₽24852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
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.
₽6576
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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