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

Monthly Cost of Living

A single person spends $785 per month in Veles vs $1,641 in Medellin, rent included.

A couple spends around $1,155 per month in Veles vs $2,447 in Medellin, rent included.

A family of three spends $1,525 per month in Veles vs $3,253 in Medellin, rent included.

Veles is about 52% cheaper than Medellin, driven mainly by Groceries & Markets.

Veles sits 43% below the global median, while Medellin is 19% above – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Veles
Medellin
Difference
Meal at Budget Restaurant
$8.74 MKD 462
$8.04 COP 24.8K
8.71%
Three-Course Dinner for Two, Mid-Range
$18.64 MKD 985
$48.29 COP 148.6K
-61.40%
Fast Food Meal (McDonalds, etc)
$5.75 MKD 304
$9.42 COP 29.0K
-38.96%
Cappuccino
$1.58 MKD 83.6
$2.94 COP 9,040
-46.26%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.31 MKD 69.1
$1.86 COP 5,735
-29.57%
Water (0.33 liter bottle)
$0.84 MKD 44.63
$1.46 COP 4,479
-42.47%
Local Beer (0.5 liter draught)
$1.55 MKD 81.9
$3.21 COP 9,882
-51.71%
Imported Beer (0.33 liter bottle)
$3.30 MKD 175
$5.71 COP 17.6K
-42.21%
🛒 Groceries & Markets
Veles
Medellin
Difference
Milk (1 liter)
$1.10 MKD 58.1
$1.44 COP 4,428
-23.61%
White Bread (500g)
$0.51 MKD 26.71
$2.40 COP 7,389
-78.75%
Rice (white) (1kg)
$1.53 MKD 80.7
$1.70 COP 5,228
-10.00%
Eggs
$2.56 MKD 135
$2.89 COP 8,896
-11.42%
Local Cheese (1kg)
$2.96 MKD 156
$10.06 COP 30.9K
-70.58%
Chicken Fillets (1kg)
$4.03 MKD 213
$9.97 COP 30.7K
-59.58%
Beef Round Steak (1kg)
$15.26 MKD 806
$14.20 COP 43.7K
7.46%
Apples (1kg)
$1.53 MKD 80.8
$3.98 COP 12.3K
-61.56%
Banana (1kg)
$1.44 MKD 75.9
$1.58 COP 4,878
-8.86%
Oranges (1kg)
$1.43 MKD 75.5
$2.15 COP 6,624
-33.49%
Tomato (1kg)
$2.02 MKD 107
$2.30 COP 7,078
-12.17%
Potato (1kg)
$0.87 MKD 45.72
$2.00 COP 6,169
-56.50%
Onion (1kg)
$0.87 MKD 46.00
$1.51 COP 4,646
-42.38%
Lettuce (1 head)
$0.62 MKD 32.61
$1.20 COP 3,701
-48.33%
Water (1.5 liter bottle)
$0.58 MKD 30.53
$1.28 COP 3,946
-54.69%
Cigarettes 20 Pack (Marlboro, Camel)
$3.49 MKD 184
$3.84 COP 11.8K
-9.11%
Wine (Bottle)
$6.42 MKD 339
$14.01 COP 43.1K
-54.18%
Local Beer (0.5 liter bottle)
$1.10 MKD 58.2
$1.71 COP 5,256
-35.67%
Imported Beer (0.33 liter bottle)
$1.55 MKD 82.0
$2.74 COP 8,440
-43.43%
🚌 Getting Around
Veles
Medellin
Difference
One-way Ticket (Public Transport)
$0.79 MKD 41.62
$1.25 COP 3,834
-36.80%
Public Transport Monthly Pass (Regular Price)
$24.38 MKD 1,288
$77.9 COP 239.7K
-68.70%
Taxi Start (Normal Tariff)
$1.14 MKD 60.3
$1.31 COP 4,016
-12.98%
Taxi (Normal Tariff) (1km)
$0.69 MKD 36.42
$2.17 COP 6,680
-68.20%
Taxi 1hour Waiting (Normal Tariff)
$7.61 MKD 402
$8.29 COP 25.5K
-8.20%
Gasoline (1 liter)
$1.43 MKD 75.4
$1.36 COP 4,172
5.15%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.4K MKD 1.4M
$27.5K COP 84.5M
-0.25%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.2K MKD 1.3M
$36.5K COP 112.4M
-31.13%
🧾 Monthly Utilities & Internet
Veles
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$116 MKD 6,103
$169 COP 519.2K
-31.53%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$17.79 MKD 940
$13.57 COP 41.8K
31.10%
Internet (50+ Mbps, Unlimited Data)
$12.37 MKD 654
$28.32 COP 87.2K
-56.32%
🎉 Sport & Entertainment
Veles
Medellin
Difference
Gym Membership (Monthly)
$26.11 MKD 1,379
$45.71 COP 140.7K
-42.88%
Tennis Court (1 Hour on Weekend)
$18.35 MKD 969
$17.22 COP 53.0K
6.56%
Cinema Ticket
$3.32 MKD 175
$6.65 COP 20.5K
-50.08%
🧸 Childcare & Education
Veles
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$229 MKD 12.1K
$803 COP 2.5M
-71.45%
International Primary School, 1 Child (Yearly)
$5,616 MKD 296.7K
$9,190 COP 28.3M
-38.89%
👕👟 Clothing & Footwear
Veles
Medellin
Difference
Jeans (Levis 501 Or Similar)
$22.52 MKD 1,190
$87.4 COP 268.8K
-74.22%
Summer Dress (H&M, Zara, etc)
$18.78 MKD 992
$59.4 COP 182.7K
-68.37%
Sport Shoes (Adidas, Nike)
$74.0 MKD 3,911
$139 COP 427.5K
-46.71%
Men's Leather Business Shoes
$111 MKD 5,876
$102 COP 314.0K
9.00%
🏠 Accommodation & Living
Veles
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$223 MKD 11.8K
$1,071 COP 3.3M
-79.17%
1-bedroom Apartment, Outside City Center (Monthly)
$178 MKD 9,390
$653 COP 2.0M
-72.78%
3-bedroom Apartment, City Center (Monthly)
$291 MKD 15.3K
$1,925 COP 5.9M
-84.91%
3-bedroom Apartment, Outside City Center (Monthly)
$235 MKD 12.4K
$1,048 COP 3.2M
-77.55%
Buy Apartment in City Center (m2)
$1,229 MKD 64.9K
$4,123 COP 12.7M
-70.19%
Buy Apartment Outside City Center (m2)
$982 MKD 51.9K
$1,697 COP 5.2M
-42.14%
💵 Salaries & Financials
Veles
Medellin
Difference
Average Monthly Net Salary (After Tax)
$601 MKD 31.8K
$655 COP 2.0M
-8.19%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.25
10.94
-61.15%

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

Last update for Veles: September 6, 2026

Last update for Medellin: September 7, 2026

Cost Breakdown

A central one-bedroom costs $223 in Veles versus $1,071 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 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 $19.00 in Veles versus $48.00 in Medellin. Monthly groceries follow the same trend: $174 vs $300 – 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
Is Medellin cheaper than Veles?
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 $1,178 per month in Veles and $2,462 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. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Is eating out cheaper in Veles or in Medellin?
A mid-range dinner for two costs $19.00 in Veles and $48.00 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 $785 in Veles and $1,641 in Medellin. 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 Veles or in Medellin?
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 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 safer, Veles or Medellin?
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.

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