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
₽113571
₽119740
₽91553
₽95507
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
other
-
-
-
88
unemployment
-
-
-
612
income
-
-
-
75 657
pensions
-
-
-
24 723
accident
-
-
-
787
total
-
-
-
101 867
Employee
45 521
-
202 648
-
unemployment
705
-
1 354
-
other
45
-
88
-
pensions
2 139
-
4 107
-
income
9 508
-
72 421
-
total
12 397
-
77 970
-
Employer
45 521
-
202 648
-
other
365
-
699
-
accident
901
-
1 730
-
pensions
10 743
-
20 618
-
unemployment
2 504
-
4 804
-
total
14 513
-
27 851
-
Corporate
170 465
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.

25 569
34 575
-
-
total
25 569
34 575
-
-
Dividends
144 896
195 925
-
-
withholding
31 324
43 059
-
-
total
31 324
43 059
-
-
Income
230 500
230 500
230 500
230 500
Total tax
83 803
77 634
105 821
101 867
After tax
146 697
152 866
124 679
128 633
Living cost
33 126
33 126
33 126
33 126
Free-cash
113 571
119 740
91 553
95 507

Estimated living cost  is ₽33126 per week

₽23790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2576
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
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.
₽6294
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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