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
₽100745
₽129969
₽104440
₽124206
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
income
-
-
-
83 128
pensions
-
-
-
23 097
other
-
-
-
82
unemployment
-
-
-
571
accident
-
-
-
735
total
-
-
-
107 613
Employee
42 527
-
216 980
-
unemployment
658
-
1 265
-
pensions
1 999
-
3 837
-
other
42
-
82
-
income
8 882
-
80 105
-
total
11 581
-
85 289
-
Employer
42 527
-
216 980
-
accident
842
-
1 616
-
other
341
-
653
-
unemployment
2 339
-
4 488
-
pensions
10 036
-
19 262
-
total
13 558
-
26 019
-
Corporate
186 914
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.

28 037
36 450
-
-
total
28 037
36 450
-
-
Dividends
158 877
206 550
-
-
withholding
34 671
45 634
-
-
total
34 671
45 634
-
-
Income
243 000
243 000
243 000
243 000
Total tax
87 847
82 084
111 308
107 613
After tax
155 153
160 916
131 692
135 387
Living cost
30 947
30 947
30 947
30 947
Free-cash
124 206
129 969
100 745
104 440

Estimated living cost  is ₽30947 per week

₽22225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
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.
₽5880
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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