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
₽ 38000

per

Your estimated

Best value All models

City

free-cash

Skopje , Macedonia

₽18916

₽9966

₽14098

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.

38 000

income

4 200

unemployment

456

work injury

190

health insurance

2 812

pensions

6 992

total

14 650

Employee

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

21 414

38 000

health insurance

1 585

2 812

unemployment

257

456

work injury

107

190

pensions

3 940

6 992

income

2 141

4 200

total

8 030

14 650

Employer

total

Corporate

16 586

38 000

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

16 586

38 000

withholding

2 488

5 700

total

2 488

5 700

Income

38 000

Total tax

10 518

5 700

14 650

After tax

27 482

32 300

23 350

Living cost

13 384

Free-cash

14 098

18 916

9 966

Estimated living cost is ₽13384 per week

₽8291

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

₽973

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

₽418

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.

₽3702

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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