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
₽100225
₽129340
₽103915
₽123583
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
income
-
-
-
82 702
pensions
-
-
-
23 076
other
-
-
-
82
unemployment
-
-
-
571
accident
-
-
-
735
total
-
-
-
107 166
Employee
42 489
-
216 004
-
unemployment
658
-
1 264
-
pensions
1 997
-
3 833
-
other
42
-
82
-
income
8 874
-
79 681
-
total
11 571
-
84 860
-
Employer
42 489
-
216 004
-
accident
841
-
1 614
-
other
341
-
653
-
unemployment
2 337
-
4 484
-
pensions
10 027
-
19 245
-
total
13 546
-
25 996
-
Corporate
185 964
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.

27 895
36 299
-
-
total
27 895
36 299
-
-
Dividends
158 069
205 701
-
-
withholding
34 486
45 442
-
-
total
34 486
45 442
-
-
Income
242 000
242 000
242 000
242 000
Total tax
87 498
81 741
110 856
107 166
After tax
154 502
160 259
131 144
134 834
Living cost
30 919
30 919
30 919
30 919
Free-cash
123 583
129 340
100 225
103 915

Estimated living cost  is ₽30919 per week

₽22205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
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.
₽5875
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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