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
₽ 231000
per

Your estimated
City
free-cash

Madrid , Spain
₽114554
₽120614
₽92448
₽96333
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
-
-
-
231 000
other
-
-
-
86
unemployment
-
-
-
601
income
-
-
-
76 374
pensions
-
-
-
24 289
accident
-
-
-
773
total
-
-
-
102 123
Employee
44 722
-
203 638
-
unemployment
692
-
1 330
-
other
44
-
86
-
pensions
2 102
-
4 035
-
income
9 341
-
73 195
-
total
12 179
-
78 646
-
Employer
44 722
-
203 638
-
other
358
-
687
-
accident
886
-
1 699
-
pensions
10 554
-
20 256
-
unemployment
2 460
-
4 720
-
total
14 258
-
27 362
-
Corporate
172 020
231 000
-
-
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.

25 804
34 650
-
-
total
25 804
34 650
-
-
Dividends
146 216
196 350
-
-
withholding
31 661
43 192
-
-
total
31 661
43 192
-
-
Income
231 000
231 000
231 000
231 000
Total tax
83 902
77 842
106 008
102 123
After tax
147 098
153 158
124 992
128 877
Living cost
32 544
32 544
32 544
32 544
Free-cash
114 554
120 614
92 448
96 333

Estimated living cost  is ₽32544 per week

₽23372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
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.
₽6184
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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