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
₽ 245500
per

Your estimated
City
free-cash

Madrid , Spain
₽127411
₽101601
₽97373
₽120819
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
-
-
-
245 500
income
-
-
-
80 472
unemployment
-
-
-
654
other
-
-
-
94
pensions
-
-
-
26 428
accident
-
-
-
841
total
-
-
-
108 489
Employee
48 660
-
215 728
-
pensions
2 287
-
4 390
-
unemployment
753
-
1 447
-
other
48
-
94
-
income
10 163
-
77 013
-
total
13 251
-
82 944
-
Employer
48 660
-
215 728
-
accident
964
-
1 849
-
unemployment
2 677
-
5 136
-
pensions
11 484
-
22 040
-
other
390
-
748
-
total
15 515
-
29 773
-
Corporate
181 326
245 500
-
-
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.

27 198
36 825
-
-
total
27 198
36 825
-
-
Dividends
154 128
208 675
-
-
withholding
33 307
45 854
-
-
total
33 307
45 854
-
-
Income
245 500
245 500
245 500
245 500
Total tax
89 271
82 679
112 717
108 489
After tax
156 229
162 821
132 783
137 011
Living cost
35 410
35 410
35 410
35 410
Free-cash
120 819
127 411
97 373
101 601

Estimated living cost  is ₽35410 per week

₽25430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
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.
₽6728
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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