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
€ 118700
per

Your estimated
City
free-cash

Skopje , Macedonia
€73781
€77442
€62189
€81420
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.

-
-
-
118 700
unemployment
-
-
-
1 012
health insurance
-
-
-
6 239
income
-
-
-
19 961
pensions
-
-
-
15 513
work injury
-
-
-
422
total
-
-
-
43 147
Employee

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

21 944
-
118 700
-
pensions
4 038
-
7 757
-
unemployment
263
-
506
-
work injury
110
-
211
-
health insurance
1 624
-
3 120
-
income
2 545
-
19 961
-
total
8 580
-
31 555
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
96 756
118 700
-
-
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%.

968
11 870
-
-
total
968
11 870
-
-
Dividends
95 788
106 830
-
-
withholding
14 368
16 024
-
-
total
14 368
16 024
-
-
Income
118 700
118 700
118 700
118 700
Total tax
23 916
27 894
31 555
43 147
After tax
94 784
90 806
87 145
75 553
Living cost
13 364
13 364
13 364
13 364
Free-cash
81 420
77 442
73 781
62 189

Estimated living cost  is €13364 per year

€7945
Rent. Two to three bedrooms at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€1035
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€444
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.
€3940
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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