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
₽ 230500
per

Your estimated
City
free-cash

Madrid , Spain
₽118152
₽111668
₽93913
₽89757
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
-
-
-
230 500
unemployment
-
-
-
643
accident
-
-
-
827
income
-
-
-
74 224
pensions
-
-
-
25 985
other
-
-
-
92
total
-
-
-
101 771
Employee
47 844
-
201 227
-
pensions
2 248
-
4 316
-
unemployment
741
-
1 423
-
income
9 993
-
70 823
-
other
47
-
92
-
total
13 029
-
76 654
-
Employer
47 844
-
201 227
-
pensions
11 291
-
21 670
-
accident
948
-
1 818
-
other
384
-
735
-
unemployment
2 632
-
5 050
-
total
15 255
-
29 273
-
Corporate
167 401
230 500
-
-
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.

25 111
34 575
-
-
total
25 111
34 575
-
-
Dividends
142 291
195 925
-
-
withholding
30 621
42 957
-
-
total
30 621
42 957
-
-
Income
230 500
230 500
230 500
230 500
Total tax
84 016
77 532
105 927
101 771
After tax
146 484
152 968
124 573
128 729
Living cost
34 816
34 816
34 816
34 816
Free-cash
111 668
118 152
89 757
93 913

Estimated living cost  is ₽34816 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
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.
₽6616
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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