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
₽92463
₽96008
₽114176
₽119702
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
-
-
-
79
unemployment
-
-
-
548
pensions
-
-
-
22 153
income
-
-
-
76 325
accident
-
-
-
705
total
-
-
-
99 810
Employee
40 789
-
200 544
-
pensions
1 917
-
3 680
-
income
8 519
-
73 426
-
unemployment
631
-
1 213
-
other
40
-
79
-
total
11 107
-
78 398
-
Employer
40 789
-
200 544
-
other
327
-
627
-
accident
808
-
1 550
-
pensions
9 626
-
18 475
-
unemployment
2 244
-
4 305
-
total
13 005
-
24 957
-
Corporate
171 707
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.

25 756
33 825
-
-
total
25 756
33 825
-
-
Dividends
145 951
191 675
-
-
withholding
31 774
42 291
-
-
total
31 774
42 291
-
-
Income
225 500
225 500
225 500
225 500
Total tax
81 642
76 116
103 355
99 810
After tax
143 858
149 384
122 145
125 690
Living cost
29 682
29 682
29 682
29 682
Free-cash
114 176
119 702
92 463
96 008

Estimated living cost  is ₽29682 per week

₽21316
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
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.
₽5640
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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