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
₽127621
₽98092
₽102083
₽121396
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
-
-
-
795
income
-
-
-
81 011
other
-
-
-
88
unemployment
-
-
-
618
pensions
-
-
-
24 961
total
-
-
-
107 473
Employee
45 959
-
214 881
-
other
45
-
88
-
unemployment
712
-
1 367
-
pensions
2 160
-
4 146
-
income
9 599
-
77 744
-
total
12 516
-
83 345
-
Employer
45 959
-
214 881
-
pensions
10 846
-
20 816
-
accident
910
-
1 746
-
unemployment
2 528
-
4 851
-
other
368
-
706
-
total
14 652
-
28 119
-
Corporate
182 388
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.

27 357
36 450
-
-
total
27 357
36 450
-
-
Dividends
155 031
206 550
-
-
withholding
33 635
45 485
-
-
total
33 635
45 485
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 160
81 935
111 464
107 473
After tax
154 840
161 065
131 536
135 527
Living cost
33 444
33 444
33 444
33 444
Free-cash
121 396
127 621
98 092
102 083

Estimated living cost  is ₽33444 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
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.
₽6355
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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