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
₽116978
₽110328
₽92788
₽88524
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
accident
-
-
-
849
income
-
-
-
73 237
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
101 496
Employee
49 081
-
199 971
-
other
48
-
94
-
income
10 251
-
69 749
-
pensions
2 307
-
4 428
-
unemployment
760
-
1 460
-
total
13 366
-
75 731
-
Employer
49 081
-
199 971
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 700
-
5 180
-
pensions
11 583
-
22 230
-
total
15 648
-
30 029
-
Corporate
165 271
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.

24 791
34 500
-
-
total
24 791
34 500
-
-
Dividends
140 480
195 500
-
-
withholding
30 151
42 806
-
-
total
30 151
42 806
-
-
Income
230 000
230 000
230 000
230 000
Total tax
83 956
77 306
105 760
101 496
After tax
146 044
152 694
124 240
128 504
Living cost
35 716
35 716
35 716
35 716
Free-cash
110 328
116 978
88 524
92 788

Estimated living cost  is ₽35716 per week

₽25650
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.
₽6787
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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