Published: June 12 2023
Digital Nomads have the freedom to work from anywhere in the world as long as they have an internet connection. However, it can be difficult to find an affordable location that allows them to live comfortably while they work. A new study conducted by Solopress offers insight into the cheapest cities around the world for Digital Nomads to live in.
Istanbul Ranks the Cheapest City for Creative Digital Nomads
According to the research, Istanbul is the most affordable city for creative Digital Nomads, with an average cost of living per month of £444. Moreover, Istanbul offers one of the lowest costs to hot desk for a month at just £64. This makes it the perfect destination for creative freelancers who want to work in an inspiring environment that won't break their budget.
Bangkok - The World's Cheapest City for Digital Nomads
Bangkok was ranked as the world's cheapest city for Digital Nomads to live in, with a total cost of living per month of £1,691.97 and the fourth-lowest cost to hot desk for a month, which is just £159. This gorgeous city in Thailand is a popular destination for Digital Nomads looking to explore new cultures while saving money on living expenses.
Other Affordable Cities for Digital Nomads
Apart from Istanbul and Bangkok, Budapest was also featured in the top 10 cheapest cities for Digital Nomads to thrive. Budapest offers a comfortable lifestyle for remote workers, with a monthly cost of living of around £2,296.99 and an affordable hot desk cost of £164.84. Other cities mentioned in the research include Seoul, Osaka, Hong Kong, Madrid, and Abu Dhabi.
In conclusion, Digital Nomads have diverse options when it comes to living in affordable destinations around the world. They can choose cities based on their preferences, such as a low cost of living, low hot-desking costs, or high hourly rates for creative roles. The rise of remote work has given Digital Nomads more freedom to travel and pursue their dreams while maintaining a sustainable work-life balance.
Questions & Answers
What is a digital nomad? A digital nomad is a person who works remotely and travels the world, often relying on technology to perform their job. They can work from anywhere as long as they have reliable internet access.
Which city in Hungary was voted among the most affordable cities for digital nomads by Solopress research? Budapest was voted among the most affordable cities for digital nomads by Solopress research. Not only is the cost of living relatively low, but the average cost of Airbnb per month is also affordable.
What metrics were used by Solopress research to determine the cheapest cities for digital nomads? Solopress research analysed a variety of metrics such as the average monthly cost of living, the average Airbnb price per month, the average hourly rate for freelancers, the cost of hotdesking per month, and Wifi speeds to reveal the cheapest locations for digital nomads to thrive.
What is the cost of living per month in Budapest for a digital nomad? According to the Solopress research, the average cost of living per month for a digital nomad in Budapest is £568.60.
What is the cost of hotdesking per month in Budapest for a digital nomad? The cost of hotdesking per month for a digital nomad in Budapest is £164.84, according to the Solopress research.
What is the average Airbnb price per month for a digital nomad in Budapest? The average Airbnb price per month for a digital nomad in Budapest is £1,728.39, according to the Solopress research.
What is the average hourly rate for creative roles in Budapest for a digital nomad? The average hourly rate for creative roles in Budapest for a digital nomad is £25.25, according to the Solopress research.
What are some other affordable cities for digital nomads according to Solopress research? Other affordable cities for digital nomads according to Solopress research include Bangkok, Thailand; Istanbul, Turkey; Seoul, South Korea: Osaka, Japan; Prague, Czech Republic; Hong Kong; Madrid, Spain; and Abu Dhabi, United Arab Emirates.