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
₽ 7869000

per

Your estimated

Best value All models

City

free-cash

Skopje , Macedonia

₽4299694

₽5400196

₽3239991

₽4933855

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.

7 869 000

unemployment

92 483

health insurance

570 314

income

1 288 031

pensions

1 418 079

work injury

38 534

total

3 407 441

Employee

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

2 005 832

7 869 000

pensions

369 073

709 040

unemployment

24 070

46 242

work injury

10 029

19 267

health insurance

148 432

285 158

income

232 661

1 288 031

total

784 265

2 347 738

Employer

total

Corporate

5 863 168

7 869 000

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%.

58 632

78 690

total

58 632

78 690

Dividends

5 804 535

7 790 310

withholding

870 680

1 168 546

total

870 680

1 168 546

Income

7 869 000

Total tax

1 713 577

1 247 236

2 347 738

3 407 441

After tax

6 155 423

6 621 764

5 521 262

4 461 559

Living cost

1 221 568

Free-cash

4 933 855

5 400 196

4 299 694

3 239 991

Estimated living cost is ₽1221568 per year

₽726216

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

₽94603

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

₽40615

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.

₽360135

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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