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
₴ 457000

per

Your estimated

Best value All models

City

free-cash

Skopje , Macedonia

-₴584398

-₴245770

-₴348595

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.

457 000

health insurance

33 818

income

45 700

pensions

84 088

work injury

2 285

unemployment

5 484

total

171 375

Employee

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

1 041 398

457 000

pensions

191 617

84 088

health insurance

77 063

33 818

work injury

5 207

2 285

income

120 794

45 700

unemployment

12 497

5 484

total

407 178

171 375

Employer

total

Corporate

457 000

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%.

total

Dividends

457 000

withholding

68 550

total

68 550

Income

457 000

Total tax

407 178

68 550

171 375

After tax

49 822

388 450

285 625

Living cost

634 220

Free-cash

-584 398

-245 770

-348 595

Estimated living cost is ₴634220 per year

₴377040

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

₴49117

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

₴21087

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.

₴186976

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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