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
₽96613
₽100895
₽126652
₽119975
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
-
-
-
852
income
-
-
-
79 857
unemployment
-
-
-
662
other
-
-
-
95
pensions
-
-
-
26 770
total
-
-
-
108 236
Employee
49 291
-
214 842
-
income
10 295
-
76 353
-
pensions
2 316
-
4 447
-
unemployment
763
-
1 466
-
other
48
-
95
-
total
13 422
-
82 361
-
Employer
49 291
-
214 842
-
other
395
-
757
-
unemployment
2 712
-
5 202
-
pensions
11 632
-
22 325
-
accident
976
-
1 873
-
total
15 715
-
30 157
-
Corporate
179 994
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.

26 999
36 751
-
-
total
26 999
36 751
-
-
Dividends
152 995
208 249
-
-
withholding
33 020
45 728
-
-
total
33 020
45 728
-
-
Income
245 000
245 000
245 000
245 000
Total tax
89 156
82 479
112 518
108 236
After tax
155 844
162 521
132 482
136 764
Living cost
35 869
35 869
35 869
35 869
Free-cash
119 975
126 652
96 613
100 895

Estimated living cost  is ₽35869 per week

₽25759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
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.
₽6816
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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