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
₽114785
₽96526
₽120755
₽92699
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
-
-
-
761
unemployment
-
-
-
592
pensions
-
-
-
23 918
other
-
-
-
85
income
-
-
-
76 571
total
-
-
-
101 927
Employee
44 039
-
203 555
-
pensions
2 070
-
3 973
-
other
43
-
85
-
income
9 198
-
73 441
-
unemployment
682
-
1 310
-
total
11 993
-
78 809
-
Employer
44 039
-
203 555
-
accident
872
-
1 673
-
other
353
-
677
-
unemployment
2 423
-
4 648
-
pensions
10 393
-
19 947
-
total
14 041
-
26 945
-
Corporate
172 420
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.

25 863
34 574
-
-
total
25 863
34 574
-
-
Dividends
146 557
195 926
-
-
withholding
31 771
43 124
-
-
total
31 771
43 124
-
-
Income
230 500
230 500
230 500
230 500
Total tax
83 668
77 698
105 754
101 927
After tax
146 832
152 802
124 746
128 573
Living cost
32 047
32 047
32 047
32 047
Free-cash
114 785
120 755
92 699
96 526

Estimated living cost  is ₽32047 per week

₽23015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
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.
₽6089
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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