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
₽97541
₽115998
₽93809
₽121817
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
-
-
-
83
pensions
-
-
-
23 333
income
-
-
-
77 460
accident
-
-
-
743
unemployment
-
-
-
577
total
-
-
-
102 196
Employee
42 962
-
204 714
-
pensions
2 019
-
3 876
-
income
8 973
-
74 406
-
other
42
-
83
-
unemployment
665
-
1 278
-
total
11 699
-
79 643
-
Employer
42 962
-
204 714
-
pensions
10 139
-
19 459
-
other
344
-
660
-
unemployment
2 363
-
4 534
-
accident
851
-
1 632
-
total
13 697
-
26 285
-
Corporate
174 341
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.

26 151
34 650
-
-
total
26 151
34 650
-
-
Dividends
148 190
196 350
-
-
withholding
32 192
43 270
-
-
total
32 192
43 270
-
-
Income
231 000
231 000
231 000
231 000
Total tax
83 739
77 920
105 928
102 196
After tax
147 261
153 080
125 072
128 804
Living cost
31 263
31 263
31 263
31 263
Free-cash
115 998
121 817
93 809
97 541

Estimated living cost  is ₽31263 per week

₽22452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
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.
₽5940
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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