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
₽124162
₽130148
₽100566
₽104405
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
-
-
-
85
unemployment
-
-
-
594
income
-
-
-
83 010
pensions
-
-
-
23 994
accident
-
-
-
764
total
-
-
-
108 447
Employee
44 178
-
217 970
-
unemployment
684
-
1 314
-
other
43
-
85
-
pensions
2 076
-
3 986
-
income
9 227
-
79 870
-
total
12 030
-
85 255
-
Employer
44 178
-
217 970
-
other
354
-
679
-
accident
875
-
1 679
-
pensions
10 426
-
20 010
-
unemployment
2 430
-
4 663
-
total
14 085
-
27 031
-
Corporate
186 737
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.

28 011
36 751
-
-
total
28 011
36 751
-
-
Dividends
158 726
208 249
-
-
withholding
34 564
45 953
-
-
total
34 564
45 953
-
-
Income
245 000
245 000
245 000
245 000
Total tax
88 690
82 704
112 286
108 447
After tax
156 310
162 296
132 714
136 553
Living cost
32 148
32 148
32 148
32 148
Free-cash
124 162
130 148
100 566
104 405

Estimated living cost  is ₽32148 per week

₽23088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
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.
₽6109
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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