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
₽119285
₽91992
₽113672
₽95588
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
accident
-
-
-
716
unemployment
-
-
-
556
pensions
-
-
-
22 486
other
-
-
-
80
income
-
-
-
75 946
total
-
-
-
99 784
Employee
41 401
-
200 169
-
pensions
1 946
-
3 735
-
income
8 647
-
73 003
-
unemployment
641
-
1 231
-
other
41
-
80
-
total
11 275
-
78 049
-
Employer
41 401
-
200 169
-
other
332
-
636
-
unemployment
2 278
-
4 370
-
accident
820
-
1 573
-
pensions
9 771
-
18 752
-
total
13 201
-
25 331
-
Corporate
170 899
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.

25 635
33 824
-
-
total
25 635
33 824
-
-
Dividends
145 264
191 676
-
-
withholding
31 589
42 263
-
-
total
31 589
42 263
-
-
Income
225 500
225 500
225 500
225 500
Total tax
81 700
76 087
103 380
99 784
After tax
143 800
149 413
122 120
125 716
Living cost
30 128
30 128
30 128
30 128
Free-cash
113 672
119 285
91 992
95 588

Estimated living cost  is ₽30128 per week

₽21636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
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.
₽5725
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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