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
₽ 8130000

per

Your estimated

Best value All models

City

free-cash

Skopje , Macedonia

₽4730139

₽3776964

₽5323170

₽5120685

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.

8 130 000

work injury

34 661

unemployment

83 186

pensions

1 275 522

income

1 347 919

health insurance

512 982

total

3 254 270

Employee

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

1 804 189

8 130 000

health insurance

133 510

256 491

pensions

331 970

637 761

income

209 272

1 347 919

unemployment

21 650

41 594

work injury

9 021

17 330

total

705 423

2 301 095

Employer

total

Corporate

6 325 811

8 130 000

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%.

63 258

812 999

total

63 258

812 999

Dividends

6 262 552

7 317 001

withholding

939 383

1 097 550

total

939 383

1 097 550

Income

8 130 000

Total tax

1 708 064

1 910 549

2 301 095

3 254 270

After tax

6 421 936

6 219 451

5 828 905

4 875 730

Living cost

1 098 766

Free-cash

5 323 170

5 120 685

4 730 139

3 776 964

Estimated living cost is ₽1098766 per year

₽653211

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

₽85093

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

₽36532

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.

₽323931

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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