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

₴46765

₴35857

₴29252

₴44455

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

income

10 115

unemployment

762

work injury

318

health insurance

4 699

pensions

11 684

total

27 578

Employee

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

10 671

63 500

health insurance

790

2 922

unemployment

128

474

work injury

197

pensions

1 964

7 265

income

1 067

10 115

total

4 002

20 973

Employer

total

Corporate

52 829

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%.

528

635

total

528

635

Dividends

52 300

62 865

withholding

7 845

9 430

total

7 845

9 430

Income

63 500

Total tax

12 375

10 065

20 973

27 578

After tax

51 125

53 435

42 527

35 922

Living cost

6 670

Free-cash

44 455

46 765

35 857

29 252

Estimated living cost is ₴6670 per week

₴4132

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

₴485

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

₴208

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.

₴1845

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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