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
₴ 43500

per

Your estimated

Best value All models

City

free-cash

Skopje , Macedonia

₴27974

₴19583

₴30357

₴18395

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.

43 500

income

6 525

health insurance

3 219

pensions

8 004

unemployment

522

work injury

217

total

18 487

Employee

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

10 589

43 500

unemployment

127

470

pensions

1 948

7 209

work injury

196

income

1 059

6 525

health insurance

784

2 899

total

3 971

17 299

Employer

total

Corporate

32 911

43 500

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%.

total

Dividends

32 911

43 500

withholding

4 937

6 525

total

4 937

6 525

Income

43 500

Total tax

8 908

6 525

17 299

18 487

After tax

34 592

36 975

26 201

25 013

Living cost

6 618

Free-cash

27 974

30 357

19 583

18 395

Estimated living cost is ₴6618 per week

₴4100

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

₴481

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

₴206

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.

₴1831

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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