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
₽114755
₽86864
₽91038
₽108247
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
-
-
-
830
income
-
-
-
71 862
other
-
-
-
92
unemployment
-
-
-
645
pensions
-
-
-
26 084
total
-
-
-
99 513
Employee
48 026
-
196 116
-
other
47
-
92
-
unemployment
744
-
1 429
-
pensions
2 257
-
4 333
-
income
10 031
-
68 448
-
total
13 079
-
74 302
-
Employer
48 026
-
196 116
-
pensions
11 334
-
21 753
-
accident
951
-
1 825
-
unemployment
2 642
-
5 069
-
other
385
-
738
-
total
15 312
-
29 385
-
Corporate
162 162
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.

24 325
33 825
-
-
total
24 325
33 825
-
-
Dividends
137 837
191 675
-
-
withholding
29 588
41 971
-
-
total
29 588
41 971
-
-
Income
225 500
225 500
225 500
225 500
Total tax
82 304
75 796
103 687
99 513
After tax
143 196
149 704
121 813
125 987
Living cost
34 949
34 949
34 949
34 949
Free-cash
108 247
114 755
86 864
91 038

Estimated living cost  is ₽34949 per week

₽25099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
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.
₽6641
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.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close