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
₽118714
₽112342
₽94477
₽90392
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
unemployment
-
-
-
632
accident
-
-
-
813
income
-
-
-
74 732
pensions
-
-
-
25 538
other
-
-
-
91
total
-
-
-
101 806
Employee
47 021
-
201 731
-
pensions
2 210
-
4 242
-
unemployment
728
-
1 399
-
income
9 821
-
71 389
-
other
46
-
91
-
total
12 805
-
77 121
-
Employer
47 021
-
201 731
-
pensions
11 097
-
21 298
-
accident
931
-
1 787
-
other
377
-
722
-
unemployment
2 587
-
4 963
-
total
14 992
-
28 770
-
Corporate
168 487
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.

25 274
34 575
-
-
total
25 274
34 575
-
-
Dividends
143 214
195 925
-
-
withholding
30 870
42 994
-
-
total
30 870
42 994
-
-
Income
230 500
230 500
230 500
230 500
Total tax
83 941
77 569
105 891
101 806
After tax
146 559
152 931
124 609
128 694
Living cost
34 217
34 217
34 217
34 217
Free-cash
112 342
118 714
90 392
94 477

Estimated living cost  is ₽34217 per week

₽24573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
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.
₽6502
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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