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
₽ 232000
per

Your estimated
City
free-cash

Madrid , Spain
₽115541
₽121548
₽93312
₽97162
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
-
-
-
232 000
other
-
-
-
85
unemployment
-
-
-
596
income
-
-
-
77 077
pensions
-
-
-
24 067
accident
-
-
-
766
total
-
-
-
102 591
Employee
44 314
-
204 887
-
unemployment
686
-
1 318
-
other
44
-
85
-
pensions
2 083
-
3 998
-
income
9 256
-
73 927
-
total
12 069
-
79 328
-
Employer
44 314
-
204 887
-
other
355
-
681
-
accident
878
-
1 684
-
pensions
10 458
-
20 071
-
unemployment
2 438
-
4 677
-
total
14 129
-
27 113
-
Corporate
173 558
232 000
-
-
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.

26 033
34 800
-
-
total
26 033
34 800
-
-
Dividends
147 525
197 200
-
-
withholding
31 981
43 405
-
-
total
31 981
43 405
-
-
Income
232 000
232 000
232 000
232 000
Total tax
84 212
78 205
106 441
102 591
After tax
147 788
153 795
125 559
129 409
Living cost
32 247
32 247
32 247
32 247
Free-cash
115 541
121 548
93 312
97 162

Estimated living cost  is ₽32247 per week

₽23158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
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.
₽6127
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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