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
₴ 844000

per

Your estimated

Best value All models

City

free-cash

Skopje , Macedonia

₴258595

₴380043

₴189161

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.

844 000

health insurance

62 456

income

85 382

pensions

155 296

work injury

4 220

unemployment

10 128

total

317 482

Employee

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

539 771

844 000

pensions

99 318

155 296

health insurance

39 943

62 456

work injury

2 698

4 220

income

53 977

85 382

unemployment

6 477

10 128

total

202 413

317 482

Employer

total

Corporate

304 229

844 000

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%.

total

Dividends

304 229

844 000

withholding

45 635

126 600

total

45 635

126 600

Income

844 000

Total tax

248 048

126 600

317 482

After tax

595 952

717 400

526 518

Living cost

337 357

Free-cash

258 595

380 043

189 161

Estimated living cost is ₴337357 per year

₴208998

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

₴24514

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

₴10524

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.

₴93320

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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