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
₽96443
₽126166
₽100621
₽119654
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
pensions
-
-
-
26 117
accident
-
-
-
831
unemployment
-
-
-
646
other
-
-
-
93
income
-
-
-
79 699
total
-
-
-
107 386
Employee
48 088
-
213 578
-
unemployment
744
-
1 430
-
pensions
2 260
-
4 338
-
other
47
-
93
-
income
10 044
-
76 281
-
total
13 095
-
82 142
-
Employer
48 088
-
213 578
-
pensions
11 348
-
21 781
-
other
385
-
739
-
unemployment
2 645
-
5 075
-
accident
952
-
1 827
-
total
15 330
-
29 422
-
Corporate
179 581
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.

26 937
36 451
-
-
total
26 937
36 451
-
-
Dividends
152 644
206 549
-
-
withholding
32 991
45 390
-
-
total
32 991
45 390
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 353
81 841
111 564
107 386
After tax
154 647
161 159
131 436
135 614
Living cost
34 993
34 993
34 993
34 993
Free-cash
119 654
126 166
96 443
100 621

Estimated living cost  is ₽34993 per week

₽25131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2721
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
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.
₽6649
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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