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
₽ 2720500
per

Your estimated
City
free-cash

Madrid , Spain
-₽1305366
-₽1621795
-₽1641235
-₽3360519
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
-
-
-
2 720 500
accident
-
-
-
24 507
income
-
-
-
402 297
other
-
-
-
2 764
unemployment
-
-
-
19 071
pensions
-
-
-
769 860
total
-
-
-
1 218 499
Employee
4 646 471
-
2 062 858
-
other
4 514
-
2 027
-
unemployment
69 744
-
31 970
-
pensions
211 536
-
96 923
-
income
1 217 393
-
410 589
-
total
1 503 187
-
541 509
-
Employer
4 646 471
-
2 062 858
-
pensions
1 062 012
-
486 828
-
accident
89 092
-
40 815
-
unemployment
247 468
-
113 415
-
other
36 024
-
16 492
-
total
1 434 596
-
657 550
-
Corporate
-
2 720 500
-
-
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.

-
408 055
-
-
total
-
408 055
-
-
Dividends
-
2 312 445
-
-
withholding
-
474 575
-
-
total
-
474 575
-
-
Income
2 720 500
2 720 500
2 720 500
2 720 500
Total tax
2 937 783
882 630
1 199 059
1 218 499
After tax
-217 283
1 837 870
1 521 441
1 502 001
Living cost
3 143 236
3 143 236
3 143 236
3 143 236
Free-cash
-3 360 519
-1 305 366
-1 621 795
-1 641 235

Estimated living cost  is ₽3143236 per year

₽2181422
Rent. Two to three bedrooms at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽265342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽48185
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.
₽648337
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.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close