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
₽102340
₽105856
₽125896
₽131378
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
-
-
-
78
unemployment
-
-
-
544
pensions
-
-
-
21 977
income
-
-
-
84 399
accident
-
-
-
700
total
-
-
-
107 698
Employee
40 465
-
218 242
-
pensions
1 902
-
3 651
-
income
8 452
-
81 522
-
unemployment
626
-
1 204
-
other
40
-
78
-
total
11 020
-
86 455
-
Employer
40 465
-
218 242
-
other
324
-
622
-
accident
801
-
1 538
-
pensions
9 550
-
18 328
-
unemployment
2 226
-
4 271
-
total
12 901
-
24 759
-
Corporate
189 633
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.

28 445
36 450
-
-
total
28 445
36 450
-
-
Dividends
161 188
206 550
-
-
withholding
35 292
45 726
-
-
total
35 292
45 726
-
-
Income
243 000
243 000
243 000
243 000
Total tax
87 658
82 176
111 214
107 698
After tax
155 342
160 824
131 786
135 302
Living cost
29 446
29 446
29 446
29 446
Free-cash
125 896
131 378
102 340
105 856

Estimated living cost  is ₽29446 per week

₽21147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2290
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
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.
₽5595
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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