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
₽122660
₽128893
₽99148
₽103145
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
-
-
-
89
income
-
-
-
81 877
unemployment
-
-
-
618
pensions
-
-
-
24 991
accident
-
-
-
796
total
-
-
-
108 371
Employee
46 014
-
216 847
-
other
45
-
89
-
unemployment
712
-
1 369
-
pensions
2 162
-
4 151
-
income
9 611
-
78 607
-
total
12 530
-
84 216
-
Employer
46 014
-
216 847
-
other
369
-
707
-
accident
911
-
1 748
-
unemployment
2 531
-
4 856
-
pensions
10 859
-
20 841
-
total
14 670
-
28 152
-
Corporate
184 316
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.

27 647
36 750
-
-
total
27 647
36 750
-
-
Dividends
156 670
208 250
-
-
withholding
34 009
45 873
-
-
total
34 009
45 873
-
-
Income
245 000
245 000
245 000
245 000
Total tax
88 856
82 623
112 368
108 371
After tax
156 144
162 377
132 632
136 629
Living cost
33 484
33 484
33 484
33 484
Free-cash
122 660
128 893
99 148
103 145

Estimated living cost  is ₽33484 per week

₽24047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
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.
₽6362
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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