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
₴ 47500

per

Your estimated

Best value All models

City

free-cash

Skopje , Macedonia

₴33283

₴22694

₴20518

₴31280

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.

47 500

income

7 231

unemployment

570

work injury

238

health insurance

3 515

pensions

8 740

total

20 294

Employee

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

10 700

47 500

health insurance

792

2 930

unemployment

128

475

work injury

198

pensions

1 969

7 284

income

1 070

7 231

total

4 012

18 118

Employer

total

Corporate

36 800

47 500

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%.

475

total

475

Dividends

36 800

47 025

withholding

5 520

7 054

total

5 520

7 054

Income

47 500

Total tax

9 532

7 529

18 118

20 294

After tax

37 968

39 971

29 382

27 206

Living cost

6 688

Free-cash

31 280

33 283

22 694

20 518

Estimated living cost is ₴6688 per week

₴4143

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

₴486

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

₴209

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.

₴1850

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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