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

₴22031

₴33414

₴20299

₴30908

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

7 177

health insurance

3 515

work injury

238

pensions

8 740

unemployment

570

total

20 240

Employee

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

11 137

47 500

income

1 114

7 177

work injury

206

health insurance

824

3 049

pensions

2 049

7 582

unemployment

134

494

total

4 177

18 508

Employer

total

Corporate

36 363

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%.

total

Dividends

36 363

47 500

withholding

5 454

7 125

total

5 454

7 125

Income

47 500

Total tax

9 631

7 125

18 508

20 240

After tax

37 869

40 375

28 992

27 260

Living cost

6 961

Free-cash

30 908

33 414

22 031

20 299

Estimated living cost is ₴6961 per week

₴4312

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

₴506

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

₴217

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.

₴1925

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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