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
₽ 227500
per

Your estimated
City
free-cash

Madrid , Spain
₽115733
₽109160
₽91807
₽87593
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
-
-
-
227 500
accident
-
-
-
839
income
-
-
-
72 463
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
100 393
Employee
48 510
-
197 820
-
other
48
-
93
-
income
10 132
-
69 015
-
pensions
2 280
-
4 376
-
unemployment
751
-
1 443
-
total
13 211
-
74 927
-
Employer
48 510
-
197 820
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 972
-
total
15 467
-
29 680
-
Corporate
163 524
227 500
-
-
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.

24 528
34 125
-
-
total
24 528
34 125
-
-
Dividends
138 997
193 375
-
-
withholding
29 834
42 342
-
-
total
29 834
42 342
-
-
Income
227 500
227 500
227 500
227 500
Total tax
83 040
76 467
104 607
100 393
After tax
144 460
151 033
122 893
127 107
Living cost
35 300
35 300
35 300
35 300
Free-cash
109 160
115 733
87 593
91 807

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
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.
₽6708
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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