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
₽ 246000
per

Your estimated
City
free-cash

Madrid , Spain
₽101683
₽97432
₽120915
₽127546
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
-
-
-
246 000
other
-
-
-
94
unemployment
-
-
-
658
accident
-
-
-
846
income
-
-
-
80 523
pensions
-
-
-
26 581
total
-
-
-
108 702
Employee
48 942
-
216 056
-
income
10 222
-
77 044
-
pensions
2 300
-
4 415
-
unemployment
758
-
1 456
-
other
48
-
94
-
total
13 328
-
83 009
-
Employer
48 942
-
216 056
-
pensions
11 550
-
22 167
-
other
392
-
752
-
accident
969
-
1 860
-
unemployment
2 692
-
5 165
-
total
15 603
-
29 944
-
Corporate
181 454
246 000
-
-
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.

27 218
36 900
-
-
total
27 218
36 900
-
-
Dividends
154 237
209 100
-
-
withholding
33 321
45 939
-
-
total
33 321
45 939
-
-
Income
246 000
246 000
246 000
246 000
Total tax
89 470
82 839
112 953
108 702
After tax
156 530
163 161
133 047
137 298
Living cost
35 615
35 615
35 615
35 615
Free-cash
120 915
127 546
97 432
101 683

Estimated living cost  is ₽35615 per week

₽25577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
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.
₽6767
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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