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
₽123968
₽129988
₽100384
₽104243
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
-
-
-
86
unemployment
-
-
-
597
income
-
-
-
82 864
pensions
-
-
-
24 122
accident
-
-
-
768
total
-
-
-
108 437
Employee
44 414
-
217 826
-
unemployment
688
-
1 321
-
other
44
-
86
-
pensions
2 087
-
4 007
-
income
9 277
-
79 707
-
total
12 096
-
85 121
-
Employer
44 414
-
217 826
-
other
356
-
682
-
accident
880
-
1 688
-
pensions
10 482
-
20 117
-
unemployment
2 443
-
4 688
-
total
14 161
-
27 175
-
Corporate
186 425
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.

27 963
36 750
-
-
total
27 963
36 750
-
-
Dividends
158 462
208 250
-
-
withholding
34 492
45 942
-
-
total
34 492
45 942
-
-
Income
245 000
245 000
245 000
245 000
Total tax
88 712
82 692
112 296
108 437
After tax
156 288
162 308
132 704
136 563
Living cost
32 320
32 320
32 320
32 320
Free-cash
123 968
129 988
100 384
104 243

Estimated living cost  is ₽32320 per week

₽23211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
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.
₽6141
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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