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
₽115059
₽92925
₽121035
₽96756
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
accident
-
-
-
763
income
-
-
-
76 754
pensions
-
-
-
23 954
other
-
-
-
85
unemployment
-
-
-
593
total
-
-
-
102 149
Employee
44 104
-
204 015
-
unemployment
683
-
1 312
-
pensions
2 073
-
3 979
-
income
9 212
-
73 619
-
other
43
-
85
-
total
12 011
-
78 995
-
Employer
44 104
-
204 015
-
pensions
10 408
-
19 976
-
other
354
-
678
-
unemployment
2 426
-
4 655
-
accident
873
-
1 676
-
total
14 061
-
26 985
-
Corporate
172 834
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.

25 926
34 650
-
-
total
25 926
34 650
-
-
Dividends
146 908
196 350
-
-
withholding
31 848
43 220
-
-
total
31 848
43 220
-
-
Income
231 000
231 000
231 000
231 000
Total tax
83 846
77 870
105 980
102 149
After tax
147 154
153 130
125 020
128 851
Living cost
32 095
32 095
32 095
32 095
Free-cash
115 059
121 035
92 925
96 756

Estimated living cost  is ₽32095 per week

₽23049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
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.
₽6098
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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