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
£ 250
per

Your estimated
City
free-cash

Skopje , Macedonia
£95
£54
£40
£40
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.

-
-
-
250
work injury
-
-
-
1
health insurance
-
-
-
18
income
-
-
-
25
pensions
-
-
-
46
unemployment
-
-
-
3
total
-
-
-
93
Employee

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

187
-
250
-
work injury
1
-
1
-
income
19
-
25
-
pensions
34
-
46
-
health insurance
14
-
18
-
unemployment
2
-
3
-
total
70
-
93
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63
250
-
-
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
63
250
-
-
withholding
9
38
-
-
total
9
38
-
-
Income
250
250
250
250
Total tax
79
38
93
93
After tax
171
212
157
157
Living cost
117
117
117
117
Free-cash
54
95
40
40

Estimated living cost  is £117 per week

£72
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£8
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.
£32
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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