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
₴ 51500

per

Your estimated

Best value All models

City

free-cash

Skopje , Macedonia

₴39047

₴31802

₴24817

₴37563

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.

51 500

health insurance

3 759

unemployment

610

work injury

254

pensions

9 346

income

8 424

total

22 393

Employee

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

6 864

51 500

pensions

1 263

4 673

work injury

127

health insurance

508

1 879

unemployment

305

income

686

8 424

total

2 573

15 408

Employer

total

Corporate

44 636

51 500

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%.

446

515

total

446

515

Dividends

44 190

50 985

withholding

6 628

7 648

total

6 628

7 648

Income

51 500

Total tax

9 647

8 163

15 408

22 393

After tax

41 853

43 337

36 092

29 107

Living cost

4 290

Free-cash

37 563

39 047

31 802

24 817

Estimated living cost is ₴4290 per week

₴2658

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

₴312

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

₴134

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.

₴1187

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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