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
€ 800
per

Your estimated
City
free-cash

Skopje , Macedonia
€543
€494
€326
€326
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

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
800
work injury
-
-
-
4
health insurance
-
-
-
59
income
-
-
-
117
pensions
-
-
-
147
unemployment
-
-
-
10
total
-
-
-
337
Employee

Minimal social contribution is 50% of an average salary to a maximum of six average salaries.

218
-
800
-
work injury
1
-
4
-
income
22
-
117
-
pensions
40
-
147
-
health insurance
16
-
59
-
unemployment
3
-
10
-
total
82
-
337
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
582
800
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

-
-
-
-
total
-
-
-
-
Dividends
582
800
-
-
withholding
87
120
-
-
total
87
120
-
-
Income
800
800
800
800
Total tax
169
120
337
337
After tax
631
680
463
463
Living cost
137
137
137
137
Free-cash
494
543
326
326

Estimated living cost  is €137 per week

€85
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€10
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€4
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.
€38
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 Skopje model

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Estimated living cost

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Source

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