Cost of Living Comparison Between Veles and Medellin Cost of Living Comparison Between Veles and Medellin

Monthly Cost of Living

A single person spends $770 per month in Veles vs $1,013 in Medellin, rent included.

A couple spends around $1,144 per month in Veles vs $1,602 in Medellin, rent included.

A family of three spends $1,517 per month in Veles vs $2,192 in Medellin, rent included.

Veles is about 24% cheaper than Medellin, driven mainly by Clothing & Footwear.

Both Veles and Medellin are more affordable than the global median – Veles 43% lower, Medellin 24% lower.

Meal at Budget Restaurant

$5.80 MKD 306

$5.99 COP 21.4K

-3.17%

Three-Course Dinner for Two, Mid-Range

$18.89 MKD 996

$32.86 COP 117.4K

-42.51%

Fast Food Meal (McDonalds, etc)

$5.12 MKD 270

$7.09 COP 25.3K

-27.79%

Cappuccino

$1.59 MKD 83.6

$1.71 COP 6,115

-7.02%

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

$1.32 MKD 69.3

$1.10 COP 3,924

20.00%

Water (0.33 liter bottle)

$0.84 MKD 44.50

$0.78 COP 2,781

7.69%

Local Beer (0.5 liter draught)

$1.47 MKD 77.7

$1.68 COP 5,997

-12.50%

Imported Beer (0.33 liter bottle)

$2.65 MKD 139

$3.07 COP 11.0K

-13.68%

Milk (1 liter)

$1.05 MKD 55.2

$1.09 COP 3,906

-3.67%

White Bread (500g)

$0.55 MKD 28.91

$1.26 COP 4,508

-56.35%

Rice (white) (1kg)

$1.49 MKD 78.3

$1.38 COP 4,922

7.97%

Eggs

$2.09 MKD 110

$2.19 COP 7,827

-4.57%

Local Cheese (1kg)

$3.10 MKD 163

$4.40 COP 15.7K

-29.55%

Chicken Fillets (1kg)

$4.05 MKD 214

$5.63 COP 20.1K

-28.06%

Beef Round Steak (1kg)

$13.42 MKD 707

$8.89 COP 31.8K

50.96%

Apples (1kg)

$1.07 MKD 56.1

$2.34 COP 8,349

-54.27%

Banana (1kg)

$1.40 MKD 73.7

$1.06 COP 3,777

32.08%

Oranges (1kg)

$1.25 MKD 65.9

$1.50 COP 5,374

-16.67%

Tomato (1kg)

$1.59 MKD 83.8

$1.38 COP 4,924

15.22%

Potato (1kg)

$0.99 MKD 52.0

$1.15 COP 4,111

-13.91%

Onion (1kg)

$1.40 MKD 73.8

$1.16 COP 4,155

20.69%

Lettuce (1 head)

$0.57 MKD 30.27

$0.89 COP 3,182

-35.96%

Water (1.5 liter bottle)

$0.53 MKD 27.78

$0.84 COP 2,997

-36.90%

Cigarettes 20 Pack (Marlboro, Camel)

$3.03 MKD 160

$2.28 COP 8,145

32.89%

Wine (Bottle)

$6.48 MKD 342

$10.64 COP 38.0K

-39.10%

Local Beer (0.5 liter bottle)

$1.02 MKD 53.6

$1.20 COP 4,284

-15.00%

Imported Beer (0.33 liter bottle)

$1.86 MKD 98.1

$2.47 COP 8,824

-24.70%

One-way Ticket (Public Transport)

$0.67 MKD 35.52

$0.86 COP 3,056

-22.09%

Public Transport Monthly Pass (Regular Price)

$50.1 MKD 2,638

$41.40 COP 147.9K

20.92%

Taxi Start (Normal Tariff)

$1.10 MKD 58.0

$1.47 COP 5,264

-25.17%

Taxi (Normal Tariff) (1km)

$0.49 MKD 25.71

$1.96 COP 7,009

-75.00%

Taxi 1hour Waiting (Normal Tariff)

$6.51 MKD 343

$7.74 COP 27.6K

-15.89%

Gasoline (1 liter)

$1.43 MKD 75.6

$0.95 COP 3,409

50.53%

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

$27.2K MKD 1.4M

$18.1K COP 64.7M

50.17%

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

$24.9K MKD 1.3M

$26.5K COP 94.6M

-6.14%

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

$116 MKD 6,111

$82.3 COP 293.7K

40.98%

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

$17.27 MKD 910

$9.50 COP 33.9K

81.79%

Internet (50+ Mbps, Unlimited Data)

$12.28 MKD 647

$24.23 COP 86.5K

-49.32%

Gym Membership (Monthly)

$25.78 MKD 1,359

$25.89 COP 92.4K

-0.42%

Tennis Court (1 Hour on Weekend)

$1.86 MKD 98.2

$19.00 COP 67.9K

-90.21%

Cinema Ticket

$3.36 MKD 177

$3.93 COP 14.0K

-14.50%

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

$218 MKD 11.5K

$309 COP 1.1M

-29.42%

International Primary School, 1 Child (Yearly)

$1,216 MKD 64.1K

$5,965 COP 21.3M

-79.62%

Jeans (Levis 501 Or Similar)

$22.63 MKD 1,193

$58.7 COP 209.5K

-61.42%

Summer Dress (H&M, Zara, etc)

$19.03 MKD 1,003

$32.35 COP 115.5K

-41.17%

Sport Shoes (Adidas, Nike)

$75.3 MKD 3,968

$103 COP 366.4K

-26.63%

Men's Leather Business Shoes

$113 MKD 5,981

$108 COP 387.2K

4.67%

1-bedroom Apartment, City Center (Monthly)

$220 MKD 11.6K

$476 COP 1.7M

-53.85%

1-bedroom Apartment, Outside City Center (Monthly)

$175 MKD 9,198

$379 COP 1.4M

-53.92%

3-bedroom Apartment, City Center (Monthly)

$293 MKD 15.4K

$838 COP 3.0M

-65.04%

3-bedroom Apartment, Outside City Center (Monthly)

$238 MKD 12.5K

$724 COP 2.6M

-67.17%

Buy Apartment in City Center (m2)

$1,239 MKD 65.3K

$2,791 COP 10.0M

-55.59%

Buy Apartment Outside City Center (m2)

$952 MKD 50.2K

$1,211 COP 4.3M

-21.38%

Average Monthly Net Salary (After Tax)

$606 MKD 31.9K

$512 COP 1.8M

18.33%

20-Year Fixed Mortgage Interest Rate (Annual %)

7.1

13.43

-47.13%

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

Last update for Veles: June 1, 2026

Last update for Medellin: May 31, 2026

Cost Breakdown

A central one-bedroom costs $220 in Veles versus $476 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 18% higher in Veles, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $19.00 in Veles versus $33.00 in Medellin. Monthly groceries follow the same trend: $163 vs $188 – 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

Veles vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 31%, and the gap shows up most in Clothing & Footwear. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,156 per month in Veles and $1,519 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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.

A mid-range dinner for two costs $19.00 in Veles and $33.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $770 in Veles and $1,013 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $1,000 monthly budget goes further in Veles, where all-in costs run around $770, than in Medellin at $1,013. In Veles it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

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.

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.

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.