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
₽97467
₽115906
₽93656
₽121851
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
-
-
-
84
pensions
-
-
-
23 827
income
-
-
-
77 350
accident
-
-
-
758
unemployment
-
-
-
590
total
-
-
-
102 609
Employee
43 870
-
205 159
-
pensions
2 062
-
3 958
-
income
9 163
-
74 232
-
other
43
-
84
-
unemployment
679
-
1 305
-
total
11 947
-
79 579
-
Employer
43 870
-
205 159
-
pensions
10 353
-
19 870
-
other
352
-
674
-
unemployment
2 413
-
4 630
-
accident
869
-
1 667
-
total
13 987
-
26 841
-
Corporate
174 143
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.

26 121
34 800
-
-
total
26 121
34 800
-
-
Dividends
148 022
197 200
-
-
withholding
32 115
43 425
-
-
total
32 115
43 425
-
-
Income
232 000
232 000
232 000
232 000
Total tax
84 170
78 225
106 420
102 609
After tax
147 830
153 775
125 580
129 391
Living cost
31 924
31 924
31 924
31 924
Free-cash
115 906
121 851
93 656
97 467

Estimated living cost  is ₽31924 per week

₽22927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
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.
₽6066
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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