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
₽93344
₽121323
₽97098
₽115469
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
-
-
-
77 086
pensions
-
-
-
23 465
other
-
-
-
83
unemployment
-
-
-
581
accident
-
-
-
747
total
-
-
-
101 962
Employee
43 204
-
204 066
-
unemployment
669
-
1 285
-
pensions
2 030
-
3 898
-
other
42
-
83
-
income
9 024
-
74 015
-
total
11 765
-
79 281
-
Employer
43 204
-
204 066
-
accident
856
-
1 642
-
other
346
-
664
-
unemployment
2 377
-
4 560
-
pensions
10 196
-
19 569
-
total
13 775
-
26 435
-
Corporate
173 521
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.

26 028
34 576
-
-
total
26 028
34 576
-
-
Dividends
147 493
195 924
-
-
withholding
32 023
43 161
-
-
total
32 023
43 161
-
-
Income
230 500
230 500
230 500
230 500
Total tax
83 591
77 737
105 716
101 962
After tax
146 909
152 763
124 784
128 538
Living cost
31 440
31 440
31 440
31 440
Free-cash
115 469
121 323
93 344
97 098

Estimated living cost  is ₽31440 per week

₽22579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
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.
₽5974
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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