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
₽97224
₽115620
₽93486
₽121447
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
-
-
-
83
pensions
-
-
-
23 367
income
-
-
-
77 196
accident
-
-
-
744
unemployment
-
-
-
578
total
-
-
-
101 968
Employee
43 024
-
204 177
-
pensions
2 022
-
3 881
-
income
8 986
-
74 138
-
other
42
-
83
-
unemployment
666
-
1 280
-
total
11 716
-
79 382
-
Employer
43 024
-
204 177
-
pensions
10 153
-
19 487
-
other
345
-
661
-
unemployment
2 367
-
4 541
-
accident
852
-
1 635
-
total
13 717
-
26 324
-
Corporate
173 759
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.

26 063
34 575
-
-
total
26 063
34 575
-
-
Dividends
147 696
195 925
-
-
withholding
32 076
43 170
-
-
total
32 076
43 170
-
-
Income
230 500
230 500
230 500
230 500
Total tax
83 572
77 745
105 706
101 968
After tax
146 928
152 755
124 794
128 532
Living cost
31 308
31 308
31 308
31 308
Free-cash
115 620
121 447
93 486
97 224

Estimated living cost  is ₽31308 per week

₽22484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2434
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.
₽5949
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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