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
₽113756
₽119950
₽91693
₽95663
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
-
-
-
88
unemployment
-
-
-
614
income
-
-
-
75 776
pensions
-
-
-
24 817
accident
-
-
-
790
total
-
-
-
102 085
Employee
45 694
-
203 043
-
unemployment
707
-
1 359
-
other
45
-
88
-
pensions
2 147
-
4 122
-
income
9 544
-
72 528
-
total
12 443
-
78 097
-
Employer
45 694
-
203 043
-
other
366
-
702
-
accident
905
-
1 736
-
pensions
10 784
-
20 697
-
unemployment
2 514
-
4 823
-
total
14 569
-
27 958
-
Corporate
170 737
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.

25 611
34 649
-
-
total
25 611
34 649
-
-
Dividends
145 126
196 351
-
-
withholding
31 369
43 149
-
-
total
31 369
43 149
-
-
Income
231 000
231 000
231 000
231 000
Total tax
83 992
77 798
106 055
102 085
After tax
147 008
153 202
124 945
128 915
Living cost
33 252
33 252
33 252
33 252
Free-cash
113 756
119 950
91 693
95 663

Estimated living cost  is ₽33252 per week

₽23880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
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.
₽6318
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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