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.
Overview
Veles is a city in Vardar with a population of 44,000. A city in central North Macedonia on the Vardar River, known for its marble and textile industries, and the historic Church of St. Panteleimon. Housing is more affordable than the national average. The overall cost of living is below the national average. Gardening thrives here — the 5b growing zone supports Cool — many vegetables, some fruit trees. Reported crime rates are relatively low.
Last updated: August 30, 2026
Below Average vs North Macedonia Avg (100)
Affordable
Household income
Job market health
Veles vs North Macedonia Average
Taxes
- State Income Tax: 10.0%
- Sales Tax: 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
- Farming Zone: USDA Zone 5b
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 | ден1500 | |
| Heating & Cooling | ден1895 | Estimated based on local climate. |
| Cooling (AC) | ден183 | Estimated based on local climate and electricity rates |
| Water | ден500 | Includes sewer |
| Internet (100+ Mbps) | ден1000 | Broadband average |
| Garbage / Trash | Included in taxes | Municipal service (covered by property taxes) |
| Total Utilities | ден5078 | Monthly estimate (including heating & cooling) |
Data sources: ERC, ELEM, Makedonski Telekom 2025
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" |
Cool — many vegetables, some fruit trees
Natural Hazards
Veles faces the following natural hazards:
Active seismic zone with significant earthquake risk.
Extreme summer heat.
North Macedonia experiences winter storms.
Mountainous region with avalanches.
Based on historical records and geographic risk assessment.
Taxes
- State Income Tax: 10%
- Sales Tax: 18%
- Property Tax: ~0.2% 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
Schools & Education
Academic Schedule
Standard academic calendar.
Demographics
The population of Veles is diverse. The figures below show the ethnic, educational, and religious composition of the local population.
Ethnicity
Education
Religion
City-level demographic data is not available for this location. The figures shown are national averages, which may differ from actual conditions in this city.
Data source: State Statistical Office (2021)
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: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.