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
₴ 3842500

per

Your estimated

Best value All models

City

free-cash

Skopje , Macedonia

₴2013679

₴2588222

₴1516737

₴2341897

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.

3 842 500

unemployment

46 110

health insurance

284 345

income

623 834

pensions

707 020

work injury

19 212

total

1 680 521

Employee

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

1 059 497

3 842 500

pensions

194 947

374 520

unemployment

12 714

24 425

work injury

5 297

10 177

health insurance

78 403

150 623

income

122 894

623 834

total

414 255

1 183 579

Employer

total

Corporate

2 783 003

3 842 500

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%.

27 830

38 425

total

27 830

38 425

Dividends

2 755 173

3 804 075

withholding

413 276

570 611

total

413 276

570 611

Income

3 842 500

Total tax

855 361

609 036

1 183 579

1 680 521

After tax

2 987 139

3 233 464

2 658 921

2 161 979

Living cost

645 242

Free-cash

2 341 897

2 588 222

2 013 679

1 516 737

Estimated living cost is ₴645242 per year

₴383593

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

₴49970

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

₴21453

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.

₴190226

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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