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
₽121638
₽127826
₽98319
₽102286
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
other
-
-
-
88
unemployment
-
-
-
614
income
-
-
-
81 196
pensions
-
-
-
24 799
accident
-
-
-
789
total
-
-
-
107 486
Employee
45 662
-
215 062
-
unemployment
707
-
1 358
-
other
45
-
88
-
pensions
2 146
-
4 119
-
income
9 537
-
77 950
-
total
12 435
-
83 515
-
Employer
45 662
-
215 062
-
other
366
-
702
-
accident
904
-
1 735
-
pensions
10 776
-
20 682
-
unemployment
2 512
-
4 819
-
total
14 558
-
27 938
-
Corporate
182 780
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.

27 417
36 449
-
-
total
27 417
36 449
-
-
Dividends
155 363
206 551
-
-
withholding
33 724
45 497
-
-
total
33 724
45 497
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 134
81 946
111 453
107 486
After tax
154 866
161 054
131 547
135 514
Living cost
33 228
33 228
33 228
33 228
Free-cash
121 638
127 826
98 319
102 286

Estimated living cost  is ₽33228 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
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.
₽6314
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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