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
₽93857
₽111608
₽90038
₽117561
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
other
-
-
-
85
pensions
-
-
-
23 855
income
-
-
-
74 391
accident
-
-
-
759
unemployment
-
-
-
590
total
-
-
-
99 680
Employee
43 924
-
198 626
-
pensions
2 064
-
3 963
-
income
9 174
-
71 269
-
other
43
-
85
-
unemployment
680
-
1 307
-
total
11 961
-
76 624
-
Employer
43 924
-
198 626
-
pensions
10 366
-
19 895
-
other
352
-
675
-
unemployment
2 416
-
4 636
-
accident
870
-
1 669
-
total
14 004
-
26 875
-
Corporate
167 572
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.

25 136
33 824
-
-
total
25 136
33 824
-
-
Dividends
142 436
191 676
-
-
withholding
30 828
42 152
-
-
total
30 828
42 152
-
-
Income
225 500
225 500
225 500
225 500
Total tax
81 929
75 976
103 499
99 680
After tax
143 571
149 524
122 001
125 820
Living cost
31 963
31 963
31 963
31 963
Free-cash
111 608
117 561
90 038
93 857

Estimated living cost  is ₽31963 per week

₽22955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
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.
₽6073
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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