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
₽96796
₽121183
₽115107
₽92900
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
accident
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
76 748
total
-
-
-
102 569
Employee
44 846
-
204 561
-
pensions
2 108
-
4 046
-
unemployment
694
-
1 334
-
other
44
-
86
-
income
9 367
-
73 561
-
total
12 213
-
79 027
-
Employer
44 846
-
204 561
-
accident
888
-
1 704
-
pensions
10 584
-
20 312
-
other
359
-
689
-
unemployment
2 467
-
4 733
-
total
14 298
-
27 438
-
Corporate
172 855
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.

25 928
34 799
-
-
total
25 928
34 799
-
-
Dividends
146 927
197 201
-
-
withholding
31 819
43 383
-
-
total
31 819
43 383
-
-
Income
232 000
232 000
232 000
232 000
Total tax
84 258
78 182
106 465
102 569
After tax
147 742
153 818
125 535
129 431
Living cost
32 635
32 635
32 635
32 635
Free-cash
115 107
121 183
92 900
96 796

Estimated living cost  is ₽32635 per week

₽23437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
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.
₽6201
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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