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
₴ 63500

per

Your estimated

Best value All models

City

free-cash

Skopje , Macedonia

₴44124

₴35259

₴29055

₴46519

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.

63 500

unemployment

762

pensions

11 684

income

10 066

health insurance

4 699

work injury

318

total

27 529

Employee

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

11 066

63 500

income

1 107

10 066

pensions

2 036

7 533

health insurance

819

3 030

unemployment

133

491

work injury

205

total

4 150

21 325

Employer

total

Corporate

52 434

63 500

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%.

524

635

total

524

635

Dividends

51 910

62 865

withholding

7 786

9 430

total

7 786

9 430

Income

63 500

Total tax

12 460

10 065

21 325

27 529

After tax

51 040

53 435

42 175

35 971

Living cost

6 916

Free-cash

44 124

46 519

35 259

29 055

Estimated living cost is ₴6916 per week

₴4285

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

₴503

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

₴216

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.

₴1913

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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