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
₽105129
₽125027
₽101383
₽130869
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
-
-
-
83
pensions
-
-
-
23 421
income
-
-
-
83 660
accident
-
-
-
746
unemployment
-
-
-
580
total
-
-
-
108 490
Employee
43 124
-
218 615
-
pensions
2 027
-
3 891
-
income
9 007
-
80 594
-
other
42
-
83
-
unemployment
668
-
1 283
-
total
11 744
-
85 851
-
Employer
43 124
-
218 615
-
pensions
10 177
-
19 532
-
other
346
-
663
-
unemployment
2 372
-
4 551
-
accident
854
-
1 639
-
total
13 749
-
26 385
-
Corporate
188 127
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.

28 218
36 750
-
-
total
28 218
36 750
-
-
Dividends
159 908
208 250
-
-
withholding
34 881
46 000
-
-
total
34 881
46 000
-
-
Income
245 000
245 000
245 000
245 000
Total tax
88 592
82 750
112 236
108 490
After tax
156 408
162 250
132 764
136 510
Living cost
31 381
31 381
31 381
31 381
Free-cash
125 027
130 869
101 383
105 129

Estimated living cost  is ₽31381 per week

₽22537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
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.
₽5963
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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