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
₽101286
₽126720
₽120444
₽97259
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
pensions
-
-
-
25 157
other
-
-
-
89
unemployment
-
-
-
622
accident
-
-
-
801
income
-
-
-
80 338
total
-
-
-
107 007
Employee
46 321
-
213 659
-
pensions
2 177
-
4 179
-
other
46
-
89
-
unemployment
717
-
1 378
-
income
9 675
-
77 046
-
total
12 615
-
82 692
-
Employer
46 321
-
213 659
-
pensions
10 932
-
20 980
-
other
371
-
712
-
unemployment
2 548
-
4 889
-
accident
917
-
1 760
-
total
14 768
-
28 341
-
Corporate
180 911
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.

27 136
36 300
-
-
total
27 136
36 300
-
-
Dividends
153 775
205 700
-
-
withholding
33 330
45 273
-
-
total
33 330
45 273
-
-
Income
242 000
242 000
242 000
242 000
Total tax
87 849
81 573
111 033
107 007
After tax
154 151
160 427
130 967
134 993
Living cost
33 708
33 708
33 708
33 708
Free-cash
120 444
126 720
97 259
101 286

Estimated living cost  is ₽33708 per week

₽24207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
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.
₽6405
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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