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
₽117695
₽111121
₽93455
₽89241
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
accident
-
-
-
839
income
-
-
-
73 812
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
101 743
Employee
48 511
-
200 819
-
other
48
-
93
-
income
10 132
-
70 364
-
pensions
2 280
-
4 377
-
unemployment
751
-
1 443
-
total
13 211
-
76 277
-
Employer
48 511
-
200 819
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 972
-
total
15 467
-
29 680
-
Corporate
166 522
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.

24 978
34 574
-
-
total
24 978
34 574
-
-
Dividends
141 543
195 926
-
-
withholding
30 421
42 929
-
-
total
30 421
42 929
-
-
Income
230 500
230 500
230 500
230 500
Total tax
84 077
77 503
105 957
101 743
After tax
146 423
152 997
124 543
128 757
Living cost
35 302
35 302
35 302
35 302
Free-cash
111 121
117 695
89 241
93 455

Estimated living cost  is ₽35302 per week

₽25352
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.
₽498
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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