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
₽93472
₽121434
₽97211
₽115604
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
income
-
-
-
77 185
pensions
-
-
-
23 377
other
-
-
-
83
unemployment
-
-
-
578
accident
-
-
-
744
total
-
-
-
101 967
Employee
43 043
-
204 165
-
unemployment
666
-
1 280
-
pensions
2 023
-
3 883
-
other
42
-
83
-
income
8 990
-
74 125
-
total
11 721
-
79 371
-
Employer
43 043
-
204 165
-
accident
852
-
1 635
-
other
345
-
661
-
unemployment
2 368
-
4 543
-
pensions
10 158
-
19 496
-
total
13 723
-
26 335
-
Corporate
173 734
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.

26 060
34 575
-
-
total
26 060
34 575
-
-
Dividends
147 674
195 925
-
-
withholding
32 070
43 169
-
-
total
32 070
43 169
-
-
Income
230 500
230 500
230 500
230 500
Total tax
83 574
77 744
105 706
101 967
After tax
146 926
152 756
124 794
128 533
Living cost
31 322
31 322
31 322
31 322
Free-cash
115 604
121 434
93 472
97 211

Estimated living cost  is ₽31322 per week

₽22494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
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.
₽5952
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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