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
₽ 242500

per

Your estimated

Best value All models

City

free-cash

Skopje , Macedonia

₽171923

₽165820

₽143699

₽168880

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.

242 500

income

40 970

unemployment

1 931

work injury

804

health insurance

11 905

pensions

29 602

total

85 212

Employee

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

21 742

242 500

health insurance

1 609

5 953

unemployment

261

965

work injury

109

402

pensions

4 000

14 801

income

2 174

40 970

total

8 153

63 091

Employer

total

Corporate

220 758

242 500

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%.

22 076

24 250

total

22 076

24 250

Dividends

198 683

218 250

withholding

29 802

32 738

total

29 802

32 738

Income

242 500

Total tax

60 031

56 988

63 091

85 212

After tax

182 469

185 512

179 409

157 288

Living cost

13 589

Free-cash

168 880

171 923

165 820

143 699

Estimated living cost is ₽13589 per week

₽8418

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

₽987

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

₽424

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.

₽3759

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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