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
₽124309
₽100704
₽130270
₽104528
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
accident
-
-
-
761
income
-
-
-
83 119
pensions
-
-
-
23 897
other
-
-
-
85
unemployment
-
-
-
591
total
-
-
-
108 453
Employee
44 000
-
218 079
-
unemployment
681
-
1 309
-
pensions
2 068
-
3 970
-
income
9 190
-
79 992
-
other
43
-
85
-
total
11 982
-
85 356
-
Employer
44 000
-
218 079
-
pensions
10 384
-
19 929
-
other
353
-
676
-
unemployment
2 420
-
4 644
-
accident
871
-
1 672
-
total
14 028
-
26 921
-
Corporate
186 972
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.

28 046
36 750
-
-
total
28 046
36 750
-
-
Dividends
158 926
208 250
-
-
withholding
34 616
45 961
-
-
total
34 616
45 961
-
-
Income
245 000
245 000
245 000
245 000
Total tax
88 672
82 711
112 277
108 453
After tax
156 328
162 289
132 723
136 547
Living cost
32 019
32 019
32 019
32 019
Free-cash
124 309
130 270
100 704
104 528

Estimated living cost  is ₽32019 per week

₽22994
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.
₽6084
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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