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
₴ 3530000

per

Your estimated

Best value All models

City

free-cash

Skopje , Macedonia

₴2103143

₴2342777

₴1788312

₴1362106

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.

3 530 000

health insurance

261 220

income

569 426

pensions

649 520

work injury

17 650

unemployment

42 360

total

1 540 176

Employee

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

1 030 722

3 530 000

pensions

189 653

364 349

health insurance

76 273

146 532

work injury

5 153

9 901

income

119 556

569 426

unemployment

12 369

23 762

total

403 004

1 113 970

Employer

total

Corporate

2 499 278

3 530 000

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%.

24 993

35 300

total

24 993

35 300

Dividends

2 474 285

3 494 700

withholding

371 142

524 205

total

371 142

524 205

Income

3 530 000

Total tax

799 139

559 505

1 113 970

1 540 176

After tax

2 730 861

2 970 495

2 416 030

1 989 824

Living cost

627 718

Free-cash

2 103 143

2 342 777

1 788 312

1 362 106

Estimated living cost is ₴627718 per year

₴373175

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

₴48613

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

₴20870

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.

₴185060

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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