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
₽114618
₽120612
₽92540
₽96383
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
-
-
-
85
unemployment
-
-
-
595
income
-
-
-
76 443
pensions
-
-
-
24 031
accident
-
-
-
765
total
-
-
-
101 919
Employee
44 246
-
203 429
-
unemployment
685
-
1 316
-
other
43
-
85
-
pensions
2 079
-
3 992
-
income
9 241
-
73 297
-
total
12 048
-
78 690
-
Employer
44 246
-
203 429
-
other
355
-
680
-
accident
876
-
1 681
-
pensions
10 442
-
20 041
-
unemployment
2 434
-
4 670
-
total
14 107
-
27 072
-
Corporate
172 147
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.

25 821
34 575
-
-
total
25 821
34 575
-
-
Dividends
146 326
195 925
-
-
withholding
31 708
43 115
-
-
total
31 708
43 115
-
-
Income
230 500
230 500
230 500
230 500
Total tax
83 684
77 690
105 762
101 919
After tax
146 816
152 810
124 738
128 581
Living cost
32 198
32 198
32 198
32 198
Free-cash
114 618
120 612
92 540
96 383

Estimated living cost  is ₽32198 per week

₽23123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
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.
₽6118
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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