Last update: Oct 2026

Cost of Living Comparison Between Veles and Cebu

For one person, living is cheaper in Veles: $768 a month against $918 in Cebu, rent and utilities included – about $1,800 less a year. Rent and utilities account for most of the difference.

37

Cost of Living Index in Veles
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Veles Living Index
45

Cost of Living Index in Cebu
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Cebu Living Index

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Veles

🇲🇰 North Macedonia

$768

/mo nomad

Cebu

🇵🇭 Philippines

$918

/mo nomad

Monthly Cost of Living

How much you'll spend in Veles and in Cebu

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Veles and in Cebu actually costs, broken down by who's living it.

Monthly costs for one person with rent: $768 in Veles versus $918 in Cebu.

Veles $768
Cebu $918

Estimated couple costs with rent: $1,139 in Veles versus $1,409 in Cebu.

Veles $1,139
Cebu $1,409

Monthly costs for a family of three with rent: $1,510 in Veles versus $1,900 in Cebu.

Veles $1,510
Cebu $1,900

Living in Veles costs roughly 16% less than in Cebu, and outside of rent the biggest gap is in eating out.

Both cities sit below the global median: Veles 43% lower, Cebu 32% lower.

Meal at Budget Restaurant

$8.65 MKD 472

$3.09 ₱194

179.94%

Three-Course Dinner for Two, Mid-Range

$18.00 MKD 982

$24.22 ₱1,525

-25.68%

Fast Food Meal (McDonalds, etc)

$5.43 MKD 296

$3.92 ₱247

38.52%

Cappuccino

$1.50 MKD 82.0

$2.51 ₱158

-40.24%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.32 MKD 72.0

$1.59 ₱100

-16.98%

Water (0.33 liter bottle)

$0.80 MKD 43.42

$0.53 ₱33.43

50.94%

Local Beer (0.5 liter draught)

$1.48 MKD 80.7

$1.78 ₱112

-16.85%

Imported Beer (0.33 liter bottle)

$3.03 MKD 165

$2.17 ₱137

39.63%

Milk (1 liter)

$1.06 MKD 57.9

$1.92 ₱121

-44.79%

White Bread (500g)

$0.51 MKD 27.74

$1.36 ₱85.4

-62.50%

Rice (white) (1kg)

$1.45 MKD 79.2

$1.01 ₱63.5

43.56%

Eggs

$2.48 MKD 135

$2.03 ₱128

22.17%

Local Cheese (1kg)

$2.96 MKD 162

$9.86 ₱621

-69.98%

Chicken Fillets (1kg)

$4.07 MKD 222

$4.39 ₱277

-7.29%

Beef Round Steak (1kg)

$15.11 MKD 824

$7.60 ₱479

98.82%

Apples (1kg)

$1.41 MKD 77.0

$3.30 ₱208

-57.27%

Banana (1kg)

$1.43 MKD 77.9

$1.39 ₱87.8

2.88%

Oranges (1kg)

$1.38 MKD 75.2

$2.33 ₱147

-40.77%

Tomato (1kg)

$1.88 MKD 103

$1.50 ₱94.3

25.33%

Potato (1kg)

$0.85 MKD 46.16

$2.36 ₱149

-63.98%

Onion (1kg)

$0.83 MKD 45.33

$1.90 ₱119

-56.32%

Lettuce (1 head)

$0.59 MKD 31.96

$1.19 ₱74.9

-50.42%

Water (1.5 liter bottle)

$0.59 MKD 32.06

$0.63 ₱39.71

-6.35%

Cigarettes 20 Pack (Marlboro, Camel)

$3.33 MKD 182

$3.00 ₱189

11.00%

Wine (Bottle)

$6.44 MKD 351

$6.03 ₱379

6.80%

Local Beer (0.5 liter bottle)

$1.06 MKD 57.8

$1.23 ₱77.7

-13.82%

Imported Beer (0.33 liter bottle)

$1.49 MKD 81.0

$1.75 ₱110

-14.86%

One-way Ticket (Public Transport)

$0.79 MKD 43.05

$0.25 ₱15.86

216.00%

Public Transport Monthly Pass (Regular Price)

$23.23 MKD 1,267

$12.64 ₱796

83.78%

Taxi Start (Normal Tariff)

$1.11 MKD 60.3

$0.77 ₱48.62

44.16%

Taxi (Normal Tariff) (1km)

$0.61 MKD 33.44

$0.23 ₱14.53

165.22%

Taxi 1hour Waiting (Normal Tariff)

$7.43 MKD 405

$4.46 ₱281

66.59%

Gasoline (1 liter)

$1.46 MKD 79.8

$1.31 ₱82.8

11.45%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$26.8K MKD 1.5M

$21.2K ₱1.3M

26.15%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$24.9K MKD 1.4M

$19.1K ₱1.2M

29.86%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$108 MKD 5,901

$120 ₱7,569

-10.02%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$17.34 MKD 946

$14.00 ₱882

23.86%

Internet (50+ Mbps, Unlimited Data)

$12.02 MKD 655

$27.54 ₱1,734

-56.35%

Gym Membership (Monthly)

$25.47 MKD 1,389

$32.33 ₱2,035

-21.22%

Tennis Court (1 Hour on Weekend)

$17.82 MKD 972

$6.65 ₱419

167.97%

Cinema Ticket

$3.38 MKD 184

$5.65 ₱356

-40.18%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$221 MKD 12.1K

$275 ₱17.3K

-19.70%

International Primary School, 1 Child (Yearly)

$5,716 MKD 311.8K

$7,918 ₱498.5K

-27.82%

Jeans (Levis 501 Or Similar)

$21.99 MKD 1,199

$49.33 ₱3,106

-55.42%

Summer Dress (H&M, Zara, etc)

$18.42 MKD 1,005

$25.24 ₱1,589

-27.02%

Sport Shoes (Adidas, Nike)

$72.2 MKD 3,940

$77.0 ₱4,846

-6.15%

Men's Leather Business Shoes

$110 MKD 5,987

$57.2 ₱3,601

91.87%

1-bedroom Apartment, City Center (Monthly)

$218 MKD 11.9K

$500 ₱31.5K

-56.45%

1-bedroom Apartment, Outside City Center (Monthly)

$170 MKD 9,300

$309 ₱19.4K

-44.80%

3-bedroom Apartment, City Center (Monthly)

$290 MKD 15.8K

$1,078 ₱67.9K

-73.11%

3-bedroom Apartment, Outside City Center (Monthly)

$236 MKD 12.9K

$615 ₱38.7K

-61.63%

Buy Apartment in City Center (m2)

$1,174 MKD 64.0K

$2,886 ₱181.7K

-59.34%

Buy Apartment Outside City Center (m2)

$933 MKD 50.9K

$1,917 ₱120.7K

-51.33%

Average Monthly Net Salary (After Tax)

$594 MKD 32.4K

$346 ₱21.8K

71.78%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.23

7.2

-41.25%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Veles: October 12, 2026

Last update for Cebu: October 12, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Groceries & Markets

Veles

$171 22.3%

Cebu

$206 22.4% 20.2% $35

Accommodation & Living

Veles

$170 22.2%

Cebu

$309 33.6% 81.2% $138

Monthly Utilities & Internet

Veles

$138 17.9%

Cebu

$162 17.6% 17.6% $24

Eating Out

Veles

$125 16.4%

Cebu

$88 9.6% 29.7% $37

Clothing & Footwear

Veles

$100 13%

Cebu

$94 10.2% 6.1% $6.1

Sport & Entertainment

Veles

$32 4.2%

Cebu

$44 4.8% 35.3% $11

Getting Around

Veles

$31 4%

Cebu

$16 1.7% 49% $15

Cost Breakdown

A one-bedroom apartment in the center runs $218 in Veles and $500 in Cebu. Housing cost is often the main lever when comparing two cities.

Veles pays 72% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $18.00 in Veles vs $24.00 in Cebu for a mid-range dinner for two. Groceries echo the gap at $171 vs $206 per month, with Veles cheaper across the board.

Good to know

🇲🇰 Veles

🇵🇭 Cebu

🕒 Local time

06:03 6:03 AM

12:03 12:03 PM

6 h ahead of Veles

🌤 Weather

👥 Population

43,716

964,169

💱 Currency

North Macedonian Denar MKD ден

Philippine Peso PHP ₱

📈 Exchange rate

100 MKD = 1.83 USD

100 MKD = 1.63 EUR

100 PHP = 1.59 USD

100 PHP = 1.41 EUR

Exchange rates and currency converter

PHP, USD, EUR to MKD – North Macedonian Denar Converter

🇺🇸 United States Dollar ($)

🇲🇰 North Macedonian Denar (ден)

North Macedonian Denar exchange rates as of October 18, 2026: 1 USD = 54.55 MKD (100 MKD = 1.83 USD). 1 EUR = 61.33 MKD (100 MKD = 1.63 EUR).

Philippine Peso exchange rates as of October 18, 2026: 1 USD = 62.96 PHP (100 PHP = 1.59 USD). 1 EUR = 70.78 PHP (100 PHP = 1.41 EUR).

USD to MKD in detail →

On the map

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Highest

Between locations

Veles Cebu 10,230 km ≈ 13 h nonstop flight

From you

Veles
Cebu

Distances are measured in a straight line. Your location is detected approximately.

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

Veles vs Cebu: Cost of Living - Frequently Asked Questions

Veles is cheaper overall, especially in groceries, leisure, and utilities. The 20% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 72% higher in Veles, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $218 in Veles versus $500 in Cebu. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $768 per month in Veles versus $918 in Cebu – a 20% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Veles runs roughly 84% less than in Cebu. Both cities have functional networks, but the price difference matters if you're watching your budget.

Either city works on $800 a month, though Veles gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

For families, Veles is more practical. Housing and childcare are both notably cheaper than in Cebu, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Veles and Cebu are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Veles gentler on the wallet – expenses run 20% less than in Cebu. Beyond cost, consider language, visa policies, and how big the international community is in each city.