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
₽93061
₽116769
₽110662
₽89144
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
-
-
-
779
other
-
-
-
87
pensions
-
-
-
24 483
unemployment
-
-
-
606
income
-
-
-
73 680
total
-
-
-
99 635
Employee
45 079
-
197 919
-
pensions
2 118
-
4 067
-
unemployment
698
-
1 341
-
other
44
-
87
-
income
9 415
-
70 475
-
total
12 275
-
75 970
-
Employer
45 079
-
197 919
-
accident
893
-
1 713
-
pensions
10 638
-
20 418
-
other
361
-
693
-
unemployment
2 480
-
4 758
-
total
14 372
-
27 582
-
Corporate
166 049
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.

24 908
33 825
-
-
total
24 908
33 825
-
-
Dividends
141 141
191 675
-
-
withholding
30 479
42 102
-
-
total
30 479
42 102
-
-
Income
225 500
225 500
225 500
225 500
Total tax
82 034
75 927
103 552
99 635
After tax
143 466
149 573
121 948
125 865
Living cost
32 804
32 804
32 804
32 804
Free-cash
110 662
116 769
89 144
93 061

Estimated living cost  is ₽32804 per week

₽23558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
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.
₽6233
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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