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
₽89899
₽118278
₽94040
₽111819
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
pensions
-
-
-
25 884
accident
-
-
-
824
unemployment
-
-
-
640
other
-
-
-
92
income
-
-
-
74 339
total
-
-
-
101 779
Employee
47 658
-
201 341
-
unemployment
738
-
1 418
-
pensions
2 240
-
4 300
-
other
47
-
92
-
income
9 954
-
70 951
-
total
12 979
-
76 761
-
Employer
47 658
-
201 341
-
pensions
11 247
-
21 586
-
other
382
-
732
-
unemployment
2 622
-
5 030
-
accident
944
-
1 811
-
total
15 195
-
29 159
-
Corporate
167 648
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.

25 148
34 575
-
-
total
25 148
34 575
-
-
Dividends
142 500
195 925
-
-
withholding
30 678
42 966
-
-
total
30 678
42 966
-
-
Income
230 500
230 500
230 500
230 500
Total tax
84 000
77 541
105 920
101 779
After tax
146 500
152 959
124 580
128 721
Living cost
34 681
34 681
34 681
34 681
Free-cash
111 819
118 278
89 899
94 040

Estimated living cost  is ₽34681 per week

₽24906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
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.
₽6590
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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