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
₽ 242000
per

Your estimated
City
free-cash

Madrid , Spain
₽102987
₽122475
₽99178
₽128415
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
-
-
-
242 000
other
-
-
-
84
pensions
-
-
-
23 811
income
-
-
-
81 868
accident
-
-
-
758
unemployment
-
-
-
589
total
-
-
-
107 110
Employee
43 841
-
215 177
-
pensions
2 060
-
3 955
-
income
9 157
-
78 752
-
other
43
-
84
-
unemployment
679
-
1 304
-
total
11 939
-
84 095
-
Employer
43 841
-
215 177
-
pensions
10 346
-
19 857
-
other
351
-
674
-
unemployment
2 412
-
4 627
-
accident
868
-
1 666
-
total
13 977
-
26 824
-
Corporate
184 181
242 000
-
-
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.

27 628
36 300
-
-
total
27 628
36 300
-
-
Dividends
156 554
205 700
-
-
withholding
34 078
45 382
-
-
total
34 078
45 382
-
-
Income
242 000
242 000
242 000
242 000
Total tax
87 622
81 682
110 919
107 110
After tax
154 378
160 318
131 081
134 890
Living cost
31 903
31 903
31 903
31 903
Free-cash
122 475
128 415
99 178
102 987

Estimated living cost  is ₽31903 per week

₽22911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2481
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.
₽6062
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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