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
₽ 173500

per

Your estimated

Best value All models

City

free-cash

Skopje , Macedonia

₽124541

₽122373

₽109046

₽122709

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.

173 500

health insurance

7 172

unemployment

1 163

work injury

485

pensions

17 832

income

29 616

total

56 268

Employee

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

13 097

173 500

pensions

2 410

8 916

work injury

242

health insurance

969

3 586

unemployment

157

581

income

1 310

29 616

total

4 911

42 941

Employer

total

Corporate

160 403

173 500

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%.

16 040

17 350

total

16 040

17 350

Dividends

144 363

156 150

withholding

21 654

23 423

total

21 654

23 423

Income

173 500

Total tax

42 605

40 773

42 941

56 268

After tax

130 895

132 727

130 559

117 232

Living cost

8 186

Free-cash

122 709

124 541

122 373

109 046

Estimated living cost is ₽8186 per week

₽5071

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

₽595

Public transport and taxi. Monthly travel card, and a few taxi rides per week.

₽255

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.

₽2264

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