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
₽ 241500
per

Your estimated
City
free-cash

Madrid , Spain
₽99199
₽94946
₽117956
₽124590
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
-
-
-
241 500
other
-
-
-
94
unemployment
-
-
-
658
accident
-
-
-
846
income
-
-
-
78 487
pensions
-
-
-
26 590
total
-
-
-
106 675
Employee
48 958
-
211 546
-
income
10 226
-
75 007
-
pensions
2 301
-
4 417
-
unemployment
758
-
1 456
-
other
48
-
94
-
total
13 333
-
80 974
-
Employer
48 958
-
211 546
-
pensions
11 554
-
22 175
-
other
392
-
752
-
accident
970
-
1 860
-
unemployment
2 693
-
5 167
-
total
15 609
-
29 954
-
Corporate
176 933
241 500
-
-
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.

26 540
36 225
-
-
total
26 540
36 225
-
-
Dividends
150 394
205 275
-
-
withholding
32 436
45 059
-
-
total
32 436
45 059
-
-
Income
241 500
241 500
241 500
241 500
Total tax
87 918
81 284
110 928
106 675
After tax
153 582
160 216
130 572
134 825
Living cost
35 626
35 626
35 626
35 626
Free-cash
117 956
124 590
94 946
99 199

Estimated living cost  is ₽35626 per week

₽25585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
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.
₽6770
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.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close