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
₽ 8480000

per

Your estimated

Best value All models

City

free-cash

Skopje , Macedonia

₽5452331

₽5917477

₽4806221

₽3749229

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.

8 480 000

health insurance

568 855

income

1 398 340

pensions

1 414 451

work injury

38 436

unemployment

92 246

total

3 512 328

Employee

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

2 000 701

8 480 000

pensions

368 128

707 226

health insurance

148 052

284 428

work injury

10 003

19 218

income

232 066

1 398 340

unemployment

24 008

46 124

total

782 257

2 455 336

Employer

total

Corporate

6 479 299

8 480 000

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%.

64 793

84 800

total

64 793

84 800

Dividends

6 414 506

8 395 200

withholding

962 176

1 259 280

total

962 176

1 259 280

Income

8 480 000

Total tax

1 809 226

1 344 080

2 455 336

3 512 328

After tax

6 670 774

7 135 920

6 024 664

4 967 672

Living cost

1 218 443

Free-cash

5 452 331

5 917 477

4 806 221

3 749 229

Estimated living cost is ₽1218443 per year

₽724358

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

₽94361

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

₽40511

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.

₽359213

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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