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
₽ 229500
per

Your estimated
City
free-cash

Madrid , Spain
₽116658
₽110010
₽92522
₽88257
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
-
-
-
229 500
accident
-
-
-
848
income
-
-
-
73 017
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
101 269
Employee
49 071
-
199 476
-
other
48
-
94
-
income
10 249
-
69 529
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
75 510
-
Employer
49 071
-
199 476
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 581
-
22 226
-
total
15 645
-
30 024
-
Corporate
164 784
229 500
-
-
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.

24 717
34 426
-
-
total
24 717
34 426
-
-
Dividends
140 066
195 074
-
-
withholding
30 056
42 707
-
-
total
30 056
42 707
-
-
Income
229 500
229 500
229 500
229 500
Total tax
83 781
77 133
105 534
101 269
After tax
145 719
152 367
123 966
128 231
Living cost
35 709
35 709
35 709
35 709
Free-cash
110 010
116 658
88 257
92 522

Estimated living cost  is ₽35709 per week

₽25645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
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.
₽6785
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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