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
₽114596
₽92519
₽120595
₽96366
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
accident
-
-
-
765
income
-
-
-
76 427
pensions
-
-
-
24 045
other
-
-
-
85
unemployment
-
-
-
595
total
-
-
-
101 917
Employee
44 273
-
203 412
-
unemployment
685
-
1 317
-
pensions
2 081
-
3 994
-
income
9 247
-
73 280
-
other
43
-
85
-
total
12 056
-
78 676
-
Employer
44 273
-
203 412
-
pensions
10 448
-
20 053
-
other
355
-
680
-
unemployment
2 435
-
4 673
-
accident
877
-
1 682
-
total
14 115
-
27 088
-
Corporate
172 111
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.

25 816
34 575
-
-
total
25 816
34 575
-
-
Dividends
146 295
195 925
-
-
withholding
31 700
43 113
-
-
total
31 700
43 113
-
-
Income
230 500
230 500
230 500
230 500
Total tax
83 687
77 688
105 764
101 917
After tax
146 813
152 812
124 736
128 583
Living cost
32 217
32 217
32 217
32 217
Free-cash
114 596
120 595
92 519
96 366

Estimated living cost  is ₽32217 per week

₽23137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2505
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.
₽6122
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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