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
₽ 245000
per

Your estimated
City
free-cash

Madrid , Spain
₽124306
₽130267
₽100702
₽104524
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
-
-
-
245 000
other
-
-
-
85
unemployment
-
-
-
591
income
-
-
-
83 117
pensions
-
-
-
23 900
accident
-
-
-
761
total
-
-
-
108 454
Employee
44 005
-
218 076
-
unemployment
681
-
1 309
-
other
43
-
85
-
pensions
2 068
-
3 970
-
income
9 191
-
79 989
-
total
11 983
-
85 353
-
Employer
44 005
-
218 076
-
other
353
-
676
-
accident
871
-
1 672
-
pensions
10 385
-
19 931
-
unemployment
2 421
-
4 644
-
total
14 030
-
26 923
-
Corporate
186 965
245 000
-
-
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.

28 044
36 750
-
-
total
28 044
36 750
-
-
Dividends
158 921
208 250
-
-
withholding
34 615
45 961
-
-
total
34 615
45 961
-
-
Income
245 000
245 000
245 000
245 000
Total tax
88 672
82 711
112 276
108 454
After tax
156 328
162 289
132 724
136 546
Living cost
32 022
32 022
32 022
32 022
Free-cash
124 306
130 267
100 702
104 524

Estimated living cost  is ₽32022 per week

₽22997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
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.
₽6085
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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