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
₽118187
₽89794
₽111710
₽93947
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
-
-
-
74 255
pensions
-
-
-
25 958
unemployment
-
-
-
642
other
-
-
-
92
accident
-
-
-
826
total
-
-
-
101 773
Employee
47 794
-
201 258
-
unemployment
740
-
1 422
-
income
9 983
-
70 858
-
pensions
2 246
-
4 312
-
other
47
-
92
-
total
13 016
-
76 684
-
Employer
47 794
-
201 258
-
unemployment
2 629
-
5 044
-
pensions
11 279
-
21 648
-
accident
947
-
1 816
-
other
383
-
734
-
total
15 238
-
29 242
-
Corporate
167 467
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.

25 120
34 574
-
-
total
25 120
34 574
-
-
Dividends
142 347
195 926
-
-
withholding
30 636
42 959
-
-
total
30 636
42 959
-
-
Income
230 500
230 500
230 500
230 500
Total tax
84 010
77 533
105 926
101 773
After tax
146 490
152 967
124 574
128 727
Living cost
34 780
34 780
34 780
34 780
Free-cash
111 710
118 187
89 794
93 947

Estimated living cost  is ₽34780 per week

₽24977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
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.
₽6609
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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