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

Monthly Cost of Living

A single person spends $765 per month in Veles vs $1,031 in Medellin, rent included.

A couple spends around $1,136 per month in Veles vs $1,599 in Medellin, rent included.

A family of three spends $1,507 per month in Veles vs $2,167 in Medellin, rent included.

Veles is about 26% cheaper than Medellin, driven mainly by Clothing & Footwear.

Both Veles and Medellin are more affordable than the global median – Veles 43% lower, Medellin 23% lower.

Meal at Budget Restaurant

$5.77 MKD 309

$6.16 COP 20.1K

-6.33%

Three-Course Dinner for Two, Mid-Range

$18.54 MKD 995

$32.60 COP 106.1K

-43.13%

Fast Food Meal (McDonalds, etc)

$5.05 MKD 271

$7.34 COP 23.9K

-31.20%

Cappuccino

$1.53 MKD 82.2

$1.72 COP 5,600

-11.05%

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

$1.33 MKD 71.2

$1.05 COP 3,420

26.67%

Water (0.33 liter bottle)

$0.85 MKD 45.34

$0.77 COP 2,515

10.39%

Local Beer (0.5 liter draught)

$1.52 MKD 81.4

$1.69 COP 5,488

-10.06%

Imported Beer (0.33 liter bottle)

$2.77 MKD 148

$3.17 COP 10.3K

-12.62%

Milk (1 liter)

$1.09 MKD 58.5

$1.05 COP 3,423

3.81%

White Bread (500g)

$0.55 MKD 29.48

$1.30 COP 4,236

-57.69%

Rice (white) (1kg)

$1.54 MKD 82.7

$1.40 COP 4,544

10.00%

Eggs

$2.05 MKD 110

$2.16 COP 7,047

-5.09%

Local Cheese (1kg)

$3.04 MKD 163

$4.39 COP 14.3K

-30.75%

Chicken Fillets (1kg)

$4.07 MKD 218

$5.88 COP 19.1K

-30.78%

Beef Round Steak (1kg)

$13.68 MKD 734

$8.64 COP 28.1K

58.33%

Apples (1kg)

$1.04 MKD 55.7

$2.28 COP 7,426

-54.39%

Banana (1kg)

$1.37 MKD 73.5

$1.11 COP 3,604

23.42%

Oranges (1kg)

$1.26 MKD 67.5

$1.53 COP 4,983

-17.65%

Tomato (1kg)

$1.58 MKD 84.8

$1.35 COP 4,410

17.04%

Potato (1kg)

$0.98 MKD 52.6

$1.13 COP 3,674

-13.27%

Onion (1kg)

$1.33 MKD 71.6

$1.13 COP 3,692

17.70%

Lettuce (1 head)

$0.58 MKD 30.99

$0.85 COP 2,753

-31.76%

Water (1.5 liter bottle)

$0.54 MKD 28.94

$0.91 COP 2,975

-40.66%

Cigarettes 20 Pack (Marlboro, Camel)

$2.94 MKD 158

$2.34 COP 7,630

25.64%

Wine (Bottle)

$6.17 MKD 331

$12.37 COP 40.3K

-50.12%

Local Beer (0.5 liter bottle)

$1.00 MKD 53.7

$1.20 COP 3,909

-16.67%

Imported Beer (0.33 liter bottle)

$1.83 MKD 98.0

$2.49 COP 8,104

-26.51%

One-way Ticket (Public Transport)

$0.68 MKD 36.66

$0.84 COP 2,728

-19.05%

Public Transport Monthly Pass (Regular Price)

$49.96 MKD 2,680

$40.57 COP 132.1K

23.15%

Taxi Start (Normal Tariff)

$1.16 MKD 62.4

$1.42 COP 4,623

-18.31%

Taxi (Normal Tariff) (1km)

$0.49 MKD 26.40

$1.92 COP 6,235

-74.48%

Taxi 1hour Waiting (Normal Tariff)

$6.43 MKD 345

$7.66 COP 24.9K

-16.06%

Gasoline (1 liter)

$1.45 MKD 77.7

$0.99 COP 3,223

46.46%

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

$27.0K MKD 1.4M

$18.0K COP 58.7M

49.63%

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

$24.6K MKD 1.3M

$26.6K COP 86.7M

-7.69%

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

$115 MKD 6,154

$80.8 COP 263.1K

41.99%

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

$17.17 MKD 921

$9.95 COP 32.4K

72.56%

Internet (50+ Mbps, Unlimited Data)

$12.10 MKD 649

$24.18 COP 78.7K

-49.96%

Gym Membership (Monthly)

$26.15 MKD 1,403

$25.08 COP 81.7K

4.27%

Tennis Court (1 Hour on Weekend)

$1.92 MKD 103

$19.15 COP 62.3K

-89.97%

Cinema Ticket

$3.35 MKD 180

$3.98 COP 13.0K

-15.83%

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

$223 MKD 12.0K

$305 COP 993.5K

-26.86%

International Primary School, 1 Child (Yearly)

$1,210 MKD 64.9K

$6,059 COP 19.7M

-80.03%

Jeans (Levis 501 Or Similar)

$22.39 MKD 1,201

$58.1 COP 189.2K

-61.48%

Summer Dress (H&M, Zara, etc)

$19.06 MKD 1,022

$32.20 COP 104.8K

-40.81%

Sport Shoes (Adidas, Nike)

$75.1 MKD 4,030

$101 COP 327.9K

-25.41%

Men's Leather Business Shoes

$113 MKD 6,048

$108 COP 350.8K

4.64%

1-bedroom Apartment, City Center (Monthly)

$226 MKD 12.1K

$477 COP 1.6M

-52.54%

1-bedroom Apartment, Outside City Center (Monthly)

$174 MKD 9,319

$376 COP 1.2M

-53.81%

3-bedroom Apartment, City Center (Monthly)

$291 MKD 15.6K

$845 COP 2.7M

-65.56%

3-bedroom Apartment, Outside City Center (Monthly)

$242 MKD 13.0K

$730 COP 2.4M

-66.89%

Buy Apartment in City Center (m2)

$1,201 MKD 64.4K

$3,215 COP 10.5M

-62.65%

Buy Apartment Outside City Center (m2)

$957 MKD 51.3K

$1,372 COP 4.5M

-30.27%

Average Monthly Net Salary (After Tax)

$603 MKD 32.4K

$617 COP 2.0M

-2.18%

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: July 12, 2026

Last update for Medellin: July 12, 2026

Cost Breakdown

A central one-bedroom costs $226 in Veles versus $477 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 2% 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 $19.00 in Veles versus $33.00 in Medellin. Monthly groceries follow the same trend: $163 vs $193 – 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 35%, 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 $1,147 per month in Veles and $1,546 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 $765 in Veles and $1,031 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 $765, than in Medellin at $1,031. 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.