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
₽127885
₽98386
₽102346
₽121707
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
accident
-
-
-
788
income
-
-
-
81 249
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
107 489
Employee
45 575
-
215 116
-
other
45
-
88
-
unemployment
706
-
1 356
-
pensions
2 142
-
4 112
-
income
9 519
-
78 009
-
total
12 412
-
83 565
-
Employer
45 575
-
215 116
-
pensions
10 755
-
20 642
-
accident
903
-
1 732
-
unemployment
2 507
-
4 810
-
other
365
-
700
-
total
14 530
-
27 884
-
Corporate
182 895
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.

27 435
36 450
-
-
total
27 435
36 450
-
-
Dividends
155 460
206 550
-
-
withholding
33 751
45 500
-
-
total
33 751
45 500
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 128
81 950
111 449
107 489
After tax
154 872
161 050
131 551
135 511
Living cost
33 165
33 165
33 165
33 165
Free-cash
121 707
127 885
98 386
102 346

Estimated living cost  is ₽33165 per week

₽23817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
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.
₽6302
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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