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
₽122546
₽99177
₽128584
₽103047
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
-
-
-
770
income
-
-
-
81 879
pensions
-
-
-
24 198
other
-
-
-
86
unemployment
-
-
-
599
total
-
-
-
107 532
Employee
44 553
-
215 741
-
unemployment
690
-
1 325
-
pensions
2 094
-
4 019
-
income
9 306
-
78 712
-
other
44
-
86
-
total
12 134
-
84 142
-
Employer
44 553
-
215 741
-
pensions
10 514
-
20 180
-
other
357
-
685
-
unemployment
2 451
-
4 702
-
accident
882
-
1 693
-
total
14 204
-
27 260
-
Corporate
184 242
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.

27 636
36 450
-
-
total
27 636
36 450
-
-
Dividends
156 606
206 550
-
-
withholding
34 059
45 545
-
-
total
34 059
45 545
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 033
81 995
111 402
107 532
After tax
154 967
161 005
131 598
135 468
Living cost
32 421
32 421
32 421
32 421
Free-cash
122 546
128 584
99 177
103 047

Estimated living cost  is ₽32421 per week

₽23284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
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.
₽6161
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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