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
₽ 5074000

per

Your estimated

Best value All models

City

free-cash

Skopje , Macedonia

₽1977893

₽2584263

₽3031238

₽1656967

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.

5 074 000

income

783 148

pensions

933 617

unemployment

60 888

health insurance

375 476

work injury

25 370

total

2 178 499

Employee

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

2 033 691

5 074 000

unemployment

24 404

46 884

health insurance

150 493

289 119

income

235 893

783 148

work injury

10 168

19 535

pensions

374 199

718 887

total

795 157

1 857 573

Employer

total

Corporate

3 040 309

5 074 000

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%.

50 740

total

50 740

Dividends

3 040 309

5 023 260

withholding

456 046

753 488

total

456 046

753 488

Income

5 074 000

Total tax

1 251 203

804 228

1 857 573

2 178 499

After tax

3 822 797

4 269 772

3 216 427

2 895 501

Living cost

1 238 534

Free-cash

2 584 263

3 031 238

1 977 893

1 656 967

Estimated living cost is ₽1238534 per year

₽736302

Rent. Two to three bedrooms at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.

₽95917

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

₽41179

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.

₽365136

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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