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
₽ 243000
per

Your estimated
City
free-cash

Madrid , Spain
₽122531
₽128573
₽99165
₽103038
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
-
-
-
243 000
other
-
-
-
86
unemployment
-
-
-
599
income
-
-
-
81 867
pensions
-
-
-
24 206
accident
-
-
-
771
total
-
-
-
107 529
Employee
44 570
-
215 730
-
unemployment
690
-
1 326
-
other
44
-
86
-
pensions
2 095
-
4 021
-
income
9 309
-
78 699
-
total
12 138
-
84 132
-
Employer
44 570
-
215 730
-
other
357
-
685
-
accident
883
-
1 694
-
pensions
10 518
-
20 187
-
unemployment
2 452
-
4 704
-
total
14 210
-
27 270
-
Corporate
184 220
243 000
-
-
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.

27 634
36 450
-
-
total
27 634
36 450
-
-
Dividends
156 586
206 550
-
-
withholding
34 054
45 544
-
-
total
34 054
45 544
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 036
81 994
111 402
107 529
After tax
154 964
161 006
131 598
135 471
Living cost
32 433
32 433
32 433
32 433
Free-cash
122 531
128 573
99 165
103 038

Estimated living cost  is ₽32433 per week

₽23292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
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.
₽6163
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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