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
₽94960
₽119194
₽112915
₽90934
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
pensions
-
-
-
25 157
other
-
-
-
89
unemployment
-
-
-
622
accident
-
-
-
801
income
-
-
-
75 164
total
-
-
-
101 833
Employee
46 321
-
202 159
-
pensions
2 177
-
4 179
-
other
46
-
89
-
unemployment
717
-
1 378
-
income
9 675
-
71 871
-
total
12 615
-
77 517
-
Employer
46 321
-
202 159
-
pensions
10 932
-
20 980
-
other
371
-
712
-
unemployment
2 548
-
4 889
-
accident
917
-
1 760
-
total
14 768
-
28 341
-
Corporate
169 411
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.

25 412
34 575
-
-
total
25 412
34 575
-
-
Dividends
143 999
195 925
-
-
withholding
31 082
43 023
-
-
total
31 082
43 023
-
-
Income
230 500
230 500
230 500
230 500
Total tax
83 877
77 598
105 858
101 833
After tax
146 623
152 902
124 642
128 667
Living cost
33 708
33 708
33 708
33 708
Free-cash
112 915
119 194
90 934
94 960

Estimated living cost  is ₽33708 per week

₽24207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
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.
₽6405
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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