Veles, North Macedonia
A city in central North Macedonia on the Vardar River, known for its marble and textile industries, and the historic Church of St. Panteleimon.
Below Average vs North Macedonia Avg (100)
Affordable
Household income
Job market health
Veles vs North Macedonia Average
Taxes
- Income Tax: 10.0%
- VAT: 18.0%
Economy & Jobs
- Median Income: MKD 290,000
- Unemployment: 14.0%
- Population: 44,000
Climate
- Sunny Days: 230/year
- Summer High: 88°F
- Winter Low: 26°F
Housing
- Median Home: ден2,500,000
- 1BR Rent: ден8000/mo
Cost of Living
Veles's cost of living index is 48 (North Macedonia average = 100).
| Category | Veles | National Average | Difference |
|---|---|---|---|
| Overall | 48 | 100 | -52.0% |
| Housing | 38 | 100 | -62.0% |
Data source: MAKSTAT / Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | ден2,500,000 |
| Median Rent (1BR) | ден8000/mo |
| Median Rent (2BR) | ден10,000/mo |
| Price per Sq Ft | ден1,666 |
Data source: Pazar3.mk / Numbeo, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Veles:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | ден40 | Based on ~3,000 kWh/year typical Macedonian household usage |
| Heating & Cooling | ден1895 | Estimated based on local climate. electric or gas heating |
| Cooling (AC) | ден183 | Estimated based on local climate and electricity rates |
| Water | ден15 | Includes sewer |
| Internet (100+ Mbps) | ден20 | Broadband average |
| Garbage / Trash | ден10 | Private service |
| Total Utilities | ден2163 | Monthly estimate (including heating & cooling) |
Data sources: ERC, ELEM, Makedonski Telekom 2025
Best Neighborhoods
Downtown Veles
The heart of the city with restaurants, shops, and entertainment. Average rent: ден9,600/mo.
Veles Heights
Trendy area with local businesses and a mix of historic and modern housing. Average rent: ден8,800/mo.
East Veles
Up-and-coming neighborhood with new developments and young professionals. Average rent: ден7,200/mo.
West Veles
Family-friendly area with parks and good schools. Average rent: ден7,600/mo.
Remote Work Score
Veles scores —/100 for remote work readiness:
Climate
Veles has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 46°F | 26°F | 2.5" |
| April | 73°F | 41°F | 2.8" |
| July | 88°F | 63°F | 1.5" |
| October | 68°F | 44°F | 2.2" |
Taxes
- Income Tax: 10%
- VAT: 18%
- Property Tax: ~1.2% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 14.0%.
Crime & Safety
Crime rates in Veles per 100,000 residents:
City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.
Data source: Eurostat
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Veles, North Macedonia?
The cost of living index in Veles is 48, which is Lower the North Macedonia national average of 100.
How much does it cost to buy a home in Veles?
The median home price in Veles is ден2,500,000. The housing index is 38.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Veles is approximately ден8000/mo.
Does Veles, Vardar have income tax?
Veles is in Vardar, which has an income tax rate of 10%.
What is the climate like in Veles?
Veles enjoys approximately 230 sunny days per year. Summer highs reach around 88°F, while winter lows can drop to around 26°F.
Data Sources
- Cost of Living: MAKSTAT / Numbeo, 2026
- Housing Data: Pazar3.mk / Numbeo, 2026
- Income & Employment: MAKSTAT Labour Force Survey, 2024
- Utilities ERC, ELEM, Makedonski Telekom 2025
Data last updated: July 19, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.