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

₴44300

₴41673

₴34711

₴47677

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

health insurance

3 747

unemployment

608

work injury

253

pensions

9 318

income

10 586

total

24 512

Employee

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

6 843

63 500

pensions

1 259

4 659

work injury

127

health insurance

506

1 874

unemployment

304

income

684

10 586

total

2 565

17 550

Employer

total

Corporate

56 657

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%.

567

6 350

total

567

6 350

Dividends

56 090

57 150

withholding

8 414

8 573

total

8 414

8 573

Income

63 500

Total tax

11 546

14 923

17 550

24 512

After tax

51 954

48 577

45 950

38 988

Living cost

4 277

Free-cash

47 677

44 300

41 673

34 711

Estimated living cost is ₴4277 per week

₴2650

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

₴311

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

₴133

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.

₴1183

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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