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

₴23419

₴28157

₴35542

₴37547

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

work injury

258

unemployment

618

income

8 128

health insurance

3 811

pensions

9 476

total

22 291

Employee

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

9 264

51 500

income

926

8 128

work injury

171

pensions

1 705

6 307

unemployment

111

411

health insurance

686

2 536

total

3 474

17 553

Employer

total

Corporate

42 236

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%.

422

515

total

422

515

Dividends

41 814

50 985

withholding

6 272

7 648

total

6 272

7 648

Income

51 500

Total tax

10 168

8 163

17 553

22 291

After tax

41 332

43 337

33 947

29 209

Living cost

5 790

Free-cash

35 542

37 547

28 157

23 419

Estimated living cost is ₴5790 per week

₴3587

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

₴421

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

₴181

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.

₴1602

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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