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
₽120867
₽97661
₽127072
₽101638
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
accident
-
-
-
792
income
-
-
-
80 657
pensions
-
-
-
24 877
other
-
-
-
88
unemployment
-
-
-
616
total
-
-
-
107 030
Employee
45 804
-
213 975
-
unemployment
709
-
1 362
-
pensions
2 153
-
4 132
-
income
9 567
-
77 401
-
other
45
-
88
-
total
12 474
-
82 983
-
Employer
45 804
-
213 975
-
pensions
10 810
-
20 746
-
other
367
-
704
-
unemployment
2 520
-
4 834
-
accident
907
-
1 740
-
total
14 604
-
28 024
-
Corporate
181 592
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.

27 238
36 300
-
-
total
27 238
36 300
-
-
Dividends
154 354
205 700
-
-
withholding
33 485
45 296
-
-
total
33 485
45 296
-
-
Income
242 000
242 000
242 000
242 000
Total tax
87 801
81 596
111 007
107 030
After tax
154 199
160 404
130 993
134 970
Living cost
33 332
33 332
33 332
33 332
Free-cash
120 867
127 072
97 661
101 638

Estimated living cost  is ₽33332 per week

₽23937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
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.
₽6334
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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