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
₽100876
₽130420
₽104680
₽124489
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
income
-
-
-
83 256
pensions
-
-
-
23 777
other
-
-
-
84
unemployment
-
-
-
588
accident
-
-
-
757
total
-
-
-
108 462
Employee
43 779
-
218 214
-
unemployment
678
-
1 302
-
pensions
2 057
-
3 950
-
other
43
-
84
-
income
9 144
-
80 144
-
total
11 922
-
85 480
-
Employer
43 779
-
218 214
-
accident
867
-
1 663
-
other
351
-
673
-
unemployment
2 408
-
4 621
-
pensions
10 332
-
19 829
-
total
13 958
-
26 786
-
Corporate
187 263
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.

28 090
36 751
-
-
total
28 090
36 751
-
-
Dividends
159 174
208 249
-
-
withholding
34 683
45 971
-
-
total
34 683
45 971
-
-
Income
245 000
245 000
245 000
245 000
Total tax
88 653
82 722
112 266
108 462
After tax
156 347
162 278
132 734
136 538
Living cost
31 858
31 858
31 858
31 858
Free-cash
124 489
130 420
100 876
104 680

Estimated living cost  is ₽31858 per week

₽22879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
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.
₽6053
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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