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
₽ 230000
per

Your estimated
City
free-cash

Madrid , Spain
₽92626
₽120603
₽96430
₽114673
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
-
-
-
230 000
income
-
-
-
76 506
pensions
-
-
-
23 777
other
-
-
-
84
unemployment
-
-
-
588
accident
-
-
-
757
total
-
-
-
101 712
Employee
43 779
-
203 214
-
unemployment
678
-
1 302
-
pensions
2 057
-
3 950
-
other
43
-
84
-
income
9 144
-
73 394
-
total
11 922
-
78 730
-
Employer
43 779
-
203 214
-
accident
867
-
1 663
-
other
351
-
673
-
unemployment
2 408
-
4 621
-
pensions
10 332
-
19 829
-
total
13 958
-
26 786
-
Corporate
172 263
230 000
-
-
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.

25 839
34 501
-
-
total
25 839
34 501
-
-
Dividends
146 424
195 499
-
-
withholding
31 750
43 038
-
-
total
31 750
43 038
-
-
Income
230 000
230 000
230 000
230 000
Total tax
83 469
77 539
105 516
101 712
After tax
146 531
152 461
124 484
128 288
Living cost
31 858
31 858
31 858
31 858
Free-cash
114 673
120 603
92 626
96 430

Estimated living cost  is ₽31858 per week

₽22879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
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.
₽6053
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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