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
₽126541
₽120098
₽100994
₽96865
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
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
80 036
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
107 410
Employee
47 542
-
213 912
-
pensions
2 234
-
4 289
-
unemployment
736
-
1 414
-
income
9 930
-
76 656
-
other
47
-
92
-
total
12 947
-
82 451
-
Employer
47 542
-
213 912
-
pensions
11 220
-
21 534
-
accident
942
-
1 806
-
other
381
-
730
-
unemployment
2 615
-
5 018
-
total
15 158
-
29 088
-
Corporate
180 300
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.

27 044
36 450
-
-
total
27 044
36 450
-
-
Dividends
153 255
206 550
-
-
withholding
33 157
45 413
-
-
total
33 157
45 413
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 306
81 863
111 539
107 410
After tax
154 694
161 137
131 461
135 590
Living cost
34 596
34 596
34 596
34 596
Free-cash
120 098
126 541
96 865
100 994

Estimated living cost  is ₽34596 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
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.
₽6574
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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