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
₽102334
₽127765
₽121697
₽98443
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
-
-
-
774
other
-
-
-
86
pensions
-
-
-
24 327
unemployment
-
-
-
602
income
-
-
-
81 282
total
-
-
-
107 071
Employee
44 792
-
214 595
-
pensions
2 105
-
4 041
-
unemployment
693
-
1 332
-
other
44
-
86
-
income
9 355
-
78 098
-
total
12 197
-
83 557
-
Employer
44 792
-
214 595
-
accident
887
-
1 702
-
pensions
10 571
-
20 288
-
other
359
-
688
-
unemployment
2 464
-
4 727
-
total
14 281
-
27 405
-
Corporate
182 927
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.

27 439
36 300
-
-
total
27 439
36 300
-
-
Dividends
155 489
205 700
-
-
withholding
33 791
45 340
-
-
total
33 791
45 340
-
-
Income
242 000
242 000
242 000
242 000
Total tax
87 708
81 640
110 962
107 071
After tax
154 292
160 360
131 038
134 929
Living cost
32 595
32 595
32 595
32 595
Free-cash
121 697
127 765
98 443
102 334

Estimated living cost  is ₽32595 per week

₽23408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
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.
₽6194
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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