Last update: Oct 2026

Cost of Living Comparison Between Veles and Medellin

For one person, living is cheaper in Veles: $766 a month against $1,639 in Medellin, rent and utilities included – about $10,500 less a year. Rent and utilities account for most of the difference.

Veles, North Macedonia
Medellin, Colombia
Veles
🇲🇰 North Macedonia
$766
/mo nomad
Medellin
🇨🇴 Colombia
$1,639
/mo nomad
Monthly Cost of Living

How much you'll spend in Veles and in Medellin

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 Medellin actually costs, broken down by who's living it.

A single person spends $766 per month in Veles vs $1,639 in Medellin, rent included.

  • Veles $766
  • Medellin $1,639

A couple spends around $1,137 per month in Veles vs $2,413 in Medellin, rent included.

  • Veles $1,137
  • Medellin $2,413

A family of three spends $1,507 per month in Veles vs $3,186 in Medellin, rent included.

  • Veles $1,507
  • Medellin $3,186

Veles is about 53% cheaper than Medellin, and outside of rent the biggest gap is in groceries.

Veles sits 44% below the global median, while Medellin is 20% above – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Veles
Medellin
Difference
Meal at Budget Restaurant
$8.78 MKD 484
$8.09 COP 25.4K
8.53%
Three-Course Dinner for Two, Mid-Range
$18.09 MKD 997
$47.05 COP 148.0K
-61.55%
Fast Food Meal (McDonalds, etc)
$5.43 MKD 299
$9.50 COP 29.9K
-42.84%
Cappuccino
$1.56 MKD 85.9
$3.01 COP 9,485
-48.17%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.33 MKD 73.5
$1.80 COP 5,660
-26.11%
Water (0.33 liter bottle)
$0.82 MKD 45.09
$1.41 COP 4,443
-41.84%
Local Beer (0.5 liter draught)
$1.47 MKD 81.3
$3.18 COP 9,990
-53.77%
Imported Beer (0.33 liter bottle)
$3.11 MKD 171
$5.75 COP 18.1K
-45.91%
🛒 Groceries & Markets
Veles
Medellin
Difference
Milk (1 liter)
$1.03 MKD 56.7
$1.51 COP 4,751
-31.79%
White Bread (500g)
$0.53 MKD 29.34
$2.38 COP 7,480
-77.73%
Rice (white) (1kg)
$1.51 MKD 83.4
$1.77 COP 5,573
-14.69%
Eggs
$2.48 MKD 137
$2.89 COP 9,093
-14.19%
Local Cheese (1kg)
$2.97 MKD 164
$10.19 COP 32.1K
-70.85%
Chicken Fillets (1kg)
$3.93 MKD 217
$9.87 COP 31.1K
-60.18%
Beef Round Steak (1kg)
$15.02 MKD 828
$13.99 COP 44.0K
7.36%
Apples (1kg)
$1.44 MKD 79.2
$3.97 COP 12.5K
-63.73%
Banana (1kg)
$1.46 MKD 80.6
$1.55 COP 4,883
-5.81%
Oranges (1kg)
$1.34 MKD 73.8
$2.18 COP 6,867
-38.53%
Tomato (1kg)
$1.89 MKD 104
$2.18 COP 6,870
-13.30%
Potato (1kg)
$0.90 MKD 49.77
$1.96 COP 6,174
-54.08%
Onion (1kg)
$0.83 MKD 45.99
$1.59 COP 5,000
-47.80%
Lettuce (1 head)
$0.59 MKD 32.79
$1.15 COP 3,604
-48.70%
Water (1.5 liter bottle)
$0.60 MKD 32.96
$1.24 COP 3,911
-51.61%
Cigarettes 20 Pack (Marlboro, Camel)
$3.23 MKD 178
$3.96 COP 12.5K
-18.43%
Wine (Bottle)
$6.22 MKD 343
$13.68 COP 43.0K
-54.53%
Local Beer (0.5 liter bottle)
$1.02 MKD 56.3
$1.66 COP 5,221
-38.55%
Imported Beer (0.33 liter bottle)
$1.44 MKD 79.5
$2.26 COP 7,103
-36.28%
🚌 Getting Around
Veles
Medellin
Difference
One-way Ticket (Public Transport)
$0.80 MKD 44.01
$1.17 COP 3,674
-31.62%
Public Transport Monthly Pass (Regular Price)
$23.73 MKD 1,308
$77.4 COP 243.4K
-69.33%
Taxi Start (Normal Tariff)
$1.10 MKD 60.8
$1.27 COP 3,989
-13.39%
Taxi (Normal Tariff) (1km)
$0.58 MKD 31.76
$2.05 COP 6,442
-71.71%
Taxi 1hour Waiting (Normal Tariff)
$7.67 MKD 423
$8.55 COP 26.9K
-10.29%
Gasoline (1 liter)
$1.40 MKD 77.0
$1.35 COP 4,237
3.70%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$26.5K MKD 1.5M
$34.1K COP 107.2M
-22.20%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$24.8K MKD 1.4M
$34.7K COP 109.1M
-28.50%
🧾 Monthly Utilities & Internet
Veles
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$108 MKD 5,974
$170 COP 533.7K
-36.11%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$16.80 MKD 926
$13.55 COP 42.6K
23.99%
Internet (50+ Mbps, Unlimited Data)
$12.21 MKD 673
$28.07 COP 88.3K
-56.50%
🎉 Sport & Entertainment
Veles
Medellin
Difference
Gym Membership (Monthly)
$25.03 MKD 1,379
$43.70 COP 137.5K
-42.72%
Tennis Court (1 Hour on Weekend)
$17.81 MKD 981
$17.19 COP 54.1K
3.61%
Cinema Ticket
$3.37 MKD 186
$6.91 COP 21.7K
-51.23%
🧸 Childcare & Education
Veles
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$214 MKD 11.8K
$797 COP 2.5M
-73.11%
International Primary School, 1 Child (Yearly)
$5,661 MKD 312.0K
$9,112 COP 28.7M
-37.87%
👕👟 Clothing & Footwear
Veles
Medellin
Difference
Jeans (Levis 501 Or Similar)
$21.40 MKD 1,180
$84.7 COP 266.5K
-74.74%
Summer Dress (H&M, Zara, etc)
$18.01 MKD 993
$58.0 COP 182.3K
-68.93%
Sport Shoes (Adidas, Nike)
$73.6 MKD 4,055
$135 COP 424.6K
-45.49%
Men's Leather Business Shoes
$109 MKD 5,988
$97.9 COP 307.9K
10.99%
🏠 Accommodation & Living
Veles
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$223 MKD 12.3K
$1,208 COP 3.8M
-81.57%
1-bedroom Apartment, Outside City Center (Monthly)
$169 MKD 9,306
$642 COP 2.0M
-73.68%
3-bedroom Apartment, City Center (Monthly)
$290 MKD 16.0K
$2,028 COP 6.4M
-85.72%
3-bedroom Apartment, Outside City Center (Monthly)
$232 MKD 12.8K
$1,012 COP 3.2M
-77.09%
Buy Apartment in City Center (m2)
$1,181 MKD 65.1K
$4,170 COP 13.1M
-71.68%
Buy Apartment Outside City Center (m2)
$940 MKD 51.8K
$1,910 COP 6.0M
-50.78%
💵 Salaries & Financials
Veles
Medellin
Difference
Average Monthly Net Salary (After Tax)
$586 MKD 32.3K
$657 COP 2.1M
-10.85%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.23
10.94
-61.33%

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

Last update for Veles: October 26, 2026

Last update for Medellin: October 25, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Groceries & Markets
Veles
$170
Medellin
$297 74.3% $127
Accommodation & Living
Veles
$169
Medellin
$642 280% $473
Monthly Utilities & Internet
Veles
$137
Medellin
$211 53.8% $74
Eating Out
Veles
$127
Medellin
$170 33.1% $42
Clothing & Footwear
Veles
$100
Medellin
$169 69.5% $69
Sport & Entertainment
Veles
$32
Medellin
$58 81.1% $26
Getting Around
Veles
$31
Medellin
$94 203% $63

Cost Breakdown

A central one-bedroom costs $223 in Veles versus $1,208 in Medellin. 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 12% 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 $18 in Veles versus $47 in Medellin. Monthly groceries follow the same trend: $170 vs $297 – making Veles the more affordable choice for daily food spending.

Good to know
🇲🇰 Veles
🇨🇴 Medellin
🕒 Local time
02:21 2:21 AM
20:21 8:21 PM
6 h behind Veles
🌤 Weather
👥 Population
43,716
2,486,723
💱 Currency
Exchange rates and currency converter

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

North Macedonian Denar exchange rates as of October 29, 2026: 1 USD = 55.12 MKD (100 MKD = 1.81 USD). 1 EUR = 61.36 MKD (100 MKD = 1.63 EUR).

Colombian Peso exchange rates as of October 29, 2026: 1 USD = 3,146 COP (10,000 COP = 3.18 USD). 1 EUR = 3,502 COP (10,000 COP = 2.86 EUR).

On the map
Between locations
  • Veles Medellin 10,150 km ≈ 13 h nonstop flight
From you
  • Veles
  • Medellin

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 Medellin: Cost of Living - Frequently Asked Questions
Is Veles cheaper than Medellin?
Yes – Medellin is pricier by about 114%, and outside of rent the gap shows up most in groceries.
What income do you need for each city?
For a comfortable life, plan on about $1,150 per month in Veles and $2,459 in Medellin. 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: a one-bedroom in the center costs $223 there versus $1,208 in Medellin.
Is eating out cheaper in Veles or in Medellin?
A mid-range dinner for two costs $18 in Veles and $47 in Medellin. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.
What are total monthly expenses in Veles and in Medellin?
Monthly expenses with rent come to $766 in Veles and $1,639 in Medellin. That makes Veles about 53% cheaper.
Is Veles or Medellin 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 the better choice to relocate to?
If budget matters most, go with Veles. If higher salaries or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.

Veles vs other spots: cost of living compared

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