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

₴30305

₴19458

₴18354

₴27904

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

6 514

unemployment

522

work injury

217

health insurance

3 219

pensions

8 004

total

18 476

Employee

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

10 672

43 500

health insurance

790

2 922

unemployment

128

474

work injury

197

pensions

1 964

7 265

income

1 067

6 514

total

4 002

17 372

Employer

total

Corporate

32 828

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

32 828

43 500

withholding

4 924

6 525

total

4 924

6 525

Income

43 500

Total tax

8 926

6 525

17 372

18 476

After tax

34 574

36 975

26 128

25 024

Living cost

6 670

Free-cash

27 904

30 305

19 458

18 354

Estimated living cost is ₴6670 per week

₴4132

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

₴485

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

₴208

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.

₴1845

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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