Cost of Living Comparison Between Medellin and VelesCost of Living Comparison Between Medellin and Veles
Monthly Cost of Living
😐A single person spends $1,641 per month in Medellin vs $785 in Veles, rent included.
😐A couple spends around $2,447 per month in Medellin vs $1,155 in Veles, rent included.
😐A family of three spends $3,253 per month in Medellin vs $1,525 in Veles, rent included.
😐Medellin costs about 109% more than Veles, driven mainly by Groceries & Markets.
📊Medellin sits 19% above the global median, while Veles is 43% below – they fall on opposite sides of the world average.
Currency
🍽 Eating Out
Medellin
Veles
Difference
Meal at Budget Restaurant
$8.04COP 24.8K
$8.74MKD 462
-8.01%
Three-Course Dinner for Two, Mid-Range
$48.29COP 148.6K
$18.64MKD 985
159.07%
Fast Food Meal(McDonalds, etc)
$9.42COP 29.0K
$5.75MKD 304
63.83%
Cappuccino
$2.94COP 9,040
$1.58MKD 83.6
86.08%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$1.86COP 5,735
$1.31MKD 69.1
41.98%
Water(0.33 liter bottle)
$1.46COP 4,479
$0.84MKD 44.63
73.81%
Local Beer(0.5 liter draught)
$3.21COP 9,882
$1.55MKD 81.9
107.10%
Imported Beer(0.33 liter bottle)
$5.71COP 17.6K
$3.30MKD 175
73.03%
🛒 Groceries & Markets
Medellin
Veles
Difference
Milk(1 liter)
$1.44COP 4,428
$1.10MKD 58.1
30.91%
White Bread(500g)
$2.40COP 7,389
$0.51MKD 26.71
370.59%
Rice(white)(1kg)
$1.70COP 5,228
$1.53MKD 80.7
11.11%
Eggs
$2.89COP 8,896
$2.56MKD 135
12.89%
Local Cheese(1kg)
$10.06COP 30.9K
$2.96MKD 156
239.86%
Chicken Fillets(1kg)
$9.97COP 30.7K
$4.03MKD 213
147.39%
Beef Round Steak(1kg)
$14.20COP 43.7K
$15.26MKD 806
-6.95%
Apples(1kg)
$3.98COP 12.3K
$1.53MKD 80.8
160.13%
Banana(1kg)
$1.58COP 4,878
$1.44MKD 75.9
9.72%
Oranges(1kg)
$2.15COP 6,624
$1.43MKD 75.5
50.35%
Tomato(1kg)
$2.30COP 7,078
$2.02MKD 107
13.86%
Potato(1kg)
$2.00COP 6,169
$0.87MKD 45.72
129.89%
Onion(1kg)
$1.51COP 4,646
$0.87MKD 46.00
73.56%
Lettuce(1 head)
$1.20COP 3,701
$0.62MKD 32.61
93.55%
Water(1.5 liter bottle)
$1.28COP 3,946
$0.58MKD 30.53
120.69%
Cigarettes 20 Pack(Marlboro, Camel)
$3.84COP 11.8K
$3.49MKD 184
10.03%
Wine(Bottle)
$14.01COP 43.1K
$6.42MKD 339
118.22%
Local Beer(0.5 liter bottle)
$1.71COP 5,256
$1.10MKD 58.2
55.45%
Imported Beer(0.33 liter bottle)
$2.74COP 8,440
$1.55MKD 82.0
76.77%
🚌 Getting Around
Medellin
Veles
Difference
One-way Ticket(Public Transport)
$1.25COP 3,834
$0.79MKD 41.62
58.23%
Public Transport Monthly Pass(Regular Price)
$77.9COP 239.7K
$24.38MKD 1,288
219.52%
Taxi Start(Normal Tariff)
$1.31COP 4,016
$1.14MKD 60.3
14.91%
Taxi(Normal Tariff)(1km)
$2.17COP 6,680
$0.69MKD 36.42
214.49%
Taxi 1hour Waiting(Normal Tariff)
$8.29COP 25.5K
$7.61MKD 402
8.94%
Gasoline(1 liter)
$1.36COP 4,172
$1.43MKD 75.4
-4.90%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.5KCOP 84.5M
$27.4KMKD 1.4M
0.25%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$36.5KCOP 112.4M
$25.2KMKD 1.3M
45.19%
🧾 Monthly Utilities & Internet
Medellin
Veles
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$169COP 519.2K
$116MKD 6,103
46.05%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$13.57COP 41.8K
$17.79MKD 940
-23.72%
Internet(50+ Mbps, Unlimited Data)
$28.32COP 87.2K
$12.37MKD 654
128.94%
🎉 Sport & Entertainment
Medellin
Veles
Difference
Gym Membership(Monthly)
$45.71COP 140.7K
$26.11MKD 1,379
75.07%
Tennis Court(1 Hour on Weekend)
$17.22COP 53.0K
$18.35MKD 969
-6.16%
Cinema Ticket
$6.65COP 20.5K
$3.32MKD 175
100.30%
🧸 Childcare & Education
Medellin
Veles
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$803COP 2.5M
$229MKD 12.1K
250.32%
International Primary School, 1 Child(Yearly)
$9,190COP 28.3M
$5,616MKD 296.7K
63.65%
👕👟 Clothing & Footwear
Medellin
Veles
Difference
Jeans(Levis 501 Or Similar)
$87.4COP 268.8K
$22.52MKD 1,190
287.92%
Summer Dress(H&M, Zara, etc)
$59.4COP 182.7K
$18.78MKD 992
216.13%
Sport Shoes(Adidas, Nike)
$139COP 427.5K
$74.0MKD 3,911
87.64%
Men's Leather Business Shoes
$102COP 314.0K
$111MKD 5,876
-8.25%
🏠 Accommodation & Living
Medellin
Veles
Difference
1-bedroom Apartment, City Center(Monthly)
$1,071COP 3.3M
$223MKD 11.8K
380.16%
1-bedroom Apartment, Outside City Center(Monthly)
$653COP 2.0M
$178MKD 9,390
267.39%
3-bedroom Apartment, City Center(Monthly)
$1,925COP 5.9M
$291MKD 15.3K
562.52%
3-bedroom Apartment, Outside City Center(Monthly)
$1,048COP 3.2M
$235MKD 12.4K
345.49%
Buy Apartment in City Center(m2)
$4,123COP 12.7M
$1,229MKD 64.9K
235.46%
Buy Apartment Outside City Center(m2)
$1,697COP 5.2M
$982MKD 51.9K
72.84%
💵 Salaries & Financials
Medellin
Veles
Difference
Average Monthly Net Salary(After Tax)
$655COP 2.0M
$601MKD 31.8K
8.92%
20-Year Fixed Mortgage Interest Rate(Annual %)
10.94
4.25
157.41%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Medellin: September 7, 2026
Last update for Veles: September 6, 2026
Cost Breakdown
🏠A central one-bedroom costs $1,071 in Medellin versus $223 in Veles. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.
💰Salaries run about 9% higher in Medellin, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.
🛒A mid-range dinner for two costs $48.00 in Medellin versus $19.00 in Veles. Monthly groceries follow the same trend: $300 vs $174 – making Veles the more affordable choice for daily food spending.
City Median Internet Speeds Comparison (Updated April 2026)
The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
Medellin vs Veles: Cost of Living - Frequently Asked Questions
Is Veles cheaper than Medellin?
Yes – Medellin is pricier by about 109%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $2,462 per month in Medellin and $1,178 in Veles. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Veles, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Is eating out cheaper in Medellin or in Veles?
A mid-range dinner for two costs $48.00 in Medellin and $19.00 in Veles. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
What are total monthly expenses in Medellin and in Veles?
Monthly expenses with rent come to $1,641 in Medellin and $785 in Veles. The difference isn't just one category – it shows up across housing, food, transport, and services.
Is $1,000 a realistic budget for living in Medellin or in Veles?
A $1,000 monthly budget goes further in Veles, where all-in costs run around $785, than in Medellin at $1,641. In Veles it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.
Is Medellin or Veles more family-friendly?
Families tend to lean toward Veles – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Medellin or Veles?
Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.
Which city is the better choice to relocate to?
If budget matters most, go with Veles. If higher salaries, better infrastructure, or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.