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
₽ 244000
per

Your estimated
City
free-cash

Madrid , Spain
₽101199
₽97025
₽120340
₽126850
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
-
-
-
244 000
other
-
-
-
93
unemployment
-
-
-
646
accident
-
-
-
831
income
-
-
-
80 176
pensions
-
-
-
26 093
total
-
-
-
107 839
Employee
48 044
-
214 605
-
income
10 035
-
76 761
-
pensions
2 258
-
4 334
-
unemployment
744
-
1 429
-
other
47
-
93
-
total
13 084
-
82 617
-
Employer
48 044
-
214 605
-
pensions
11 338
-
21 761
-
other
385
-
738
-
accident
951
-
1 826
-
unemployment
2 643
-
5 071
-
total
15 317
-
29 396
-
Corporate
180 638
244 000
-
-
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.

27 096
36 601
-
-
total
27 096
36 601
-
-
Dividends
153 542
207 399
-
-
withholding
33 201
45 587
-
-
total
33 201
45 587
-
-
Income
244 000
244 000
244 000
244 000
Total tax
88 698
82 188
112 013
107 839
After tax
155 302
161 812
131 987
136 161
Living cost
34 962
34 962
34 962
34 962
Free-cash
120 340
126 850
97 025
101 199

Estimated living cost  is ₽34962 per week

₽25108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
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.
₽6643
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.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close