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
₽120879
₽97671
₽127083
₽101650
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
-
-
-
80 665
pensions
-
-
-
24 869
other
-
-
-
88
unemployment
-
-
-
615
total
-
-
-
107 029
Employee
45 790
-
213 984
-
unemployment
709
-
1 362
-
pensions
2 152
-
4 131
-
income
9 564
-
77 410
-
other
45
-
88
-
total
12 470
-
82 991
-
Employer
45 790
-
213 984
-
pensions
10 806
-
20 740
-
other
367
-
704
-
unemployment
2 519
-
4 833
-
accident
907
-
1 740
-
total
14 599
-
28 017
-
Corporate
181 611
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.

27 242
36 300
-
-
total
27 242
36 300
-
-
Dividends
154 368
205 700
-
-
withholding
33 489
45 296
-
-
total
33 489
45 296
-
-
Income
242 000
242 000
242 000
242 000
Total tax
87 800
81 596
111 008
107 029
After tax
154 200
160 404
130 992
134 971
Living cost
33 321
33 321
33 321
33 321
Free-cash
120 879
127 083
97 671
101 650

Estimated living cost  is ₽33321 per week

₽23930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2591
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.
₽6332
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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