Location Factors

Macedonia

The location factor for Macedonia is 0.49, based on national living costs.

This means a 1,834,519 ден per year salary would roughly be compareable to €60,000 in Germany.
If you would have to pay full taxes in Germany, this amount would rise to 2,418,230 ден.
It would be 563,747 ден based on market rates, 743,121 ден with taxes paid in Germany.

You can also start a calculation based on Macedonia.

Name Macedonia
Chosen Factor 0.49 0.65*
Market Rates 0.15 0.20*
Consumer Price Index 0.49 0.65*
Rent Index* 0.26 0.34*
Consumer Price Plus Rent Index 0.43 0.57*
Groceries Index 0.49 0.65*
Restaurant Price Index* 0.39 0.52*
Local Purchasing Power Index* 0.32 0.42*
Buffer Location Bracket* D
Currency Macedonian Denar (MKD)
Income Tax* 10%
* Not used for index.* If taxes paid in Germany instead.
Market rates based on National Sources. Living costs based on Numbeo.

Locations in Macedonia

City Factor Based On
Skopje 0.56 0.74* Living Costs
create calculation* If taxes paid in Germany instead.