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

₴35317

₴46543

₴29074

₴44156

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

10 071

health insurance

4 699

work injury

318

pensions

11 684

unemployment

762

total

27 534

Employee

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

11 027

63 500

income

1 103

10 071

work injury

204

health insurance

816

3 019

pensions

2 029

7 507

unemployment

132

490

total

4 135

21 291

Employer

total

Corporate

52 473

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%.

525

635

total

525

635

Dividends

51 949

62 865

withholding

7 792

9 430

total

7 792

9 430

Income

63 500

Total tax

12 452

10 065

21 291

27 534

After tax

51 048

53 435

42 209

35 966

Living cost

6 892

Free-cash

44 156

46 543

35 317

29 074

Estimated living cost is ₴6892 per week

₴4269

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

₴501

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

₴215

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.

₴1906

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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