New survey: Budapest among the world’s best cities for digital nomads!

As employers around the world embrace remote working, the number of digital nomads is on the rise. Travelling the world and clocking in to work wherever there’s WiFi, digital nomads are sampling the lifestyles of the most fascinating cities on the globe. And a recent research shows Budapest is one of the best choices for digital nomads.

But moving abroad can be expensive. In some cities, the cost of living is eye-wateringly high with rent a particularly big concern. So where are the cheapest places for working travellers to live? A new research conducted by Solopress has analysed 30 cities across a variety of metrics such as the average monthly cost of living and the average Airbnb price per month, to reveal the cheapest locations for digital nomads to thrive. The study also includes the average hourly rate for freelancers, the cost of hotdesking per month and even Wifi speeds.

The 10 cheapest cities around the world for digital nomads to live in

Rank

City

Country

Average cost of living (£)

Airbnb price per month (£)

Total cost of living per month (£)

1

Bangkok

Thailand

£515.70

£1,176.27

£1,691.97

2

Istanbul

Turkey

£443.60

£1,584.36

£2,027.96

3

Budapest

Hungary

£568.60

£1,728.39

£2,296.99

4

Seoul

South Korea

£916.10

£1,800.41

£2,716.51

5

Osaka

Japan

£749.70

£1,992.45

£2,742.15

6

Prague

Czech Republic

£695.90

£2,400.54

£3,096.44

7

Tokyo

Japan

£873.80

£2,400.54

£3,274.34

8

Hong Kong

Hong Kong

£883.90

£2,664.60

£3,548.50

9

Madrid

Spain

£653.40

£3,048.69

£3,702.09

10

Abu Dhabi

United Arab Emirates

£710.70

£3,024.68

£3,735.38

Here are some key findings:

  • Bangkok is the world’s cheapest city for a digital nomad to live in, with a total cost of living per month of £1,691.97 and the 4th lowest cost to hot desk for a month (£159)

  • Istanbul is the No.1 city for creative digital nomads, with a low cost to hot desk at just £64 per month

  • Hong Kong offers the best hourly rates for digital nomads pursuing a career in video editing at £49 an hour

You can view the full press release below or the full study via THIS link.

Research reveals the best cities on earth for creative digital nomads

New research by print company Solopress has revealed the best cities for creative digital nomads to live and work as well as the top locations for five of the most popular roles in the industry:

  • 12,000 Google searches per month for “remote work” in the UK, and 6,000 for “digital nomad” show the popularity of the trend

  • Istanbul is the No.1 city for creative digital nomads, with cost of living at just £444 per month.

  • Hong Kong offers the best hourly rates for digital nomads pursuing a career in video editing at £49 an hour.

The creative workforce is on the move, as remote workers are showing an increased interest in wanting to sample a “digital nomad” lifestyle in cities all over the world. Solopress has analysed 30 cities across a variety of metrics to determine the best locations for creative digital nomads to reside. The study also analyses the top locations for five of the most popular creative roles in the creative industries. The full findings are available HERE.

Istanbul tops the list of best cities for creative digital nomads

Istanbul has topped the list, chiefly thanks to its low cost of living the city offers. Istanbul (Turkey) also offers the lowest cost to hot desk for a month at just £64. Bangkok (Thailand) follows shortly behind in second place, offering the lowest cost of a one-month rental stay in an Airbnb at just £1176 and the 4th lowest cost to hot desk for a month (£159). Las Vegas also placed in the top five with one of the highest hourly rates charged for creative roles (£49).

Rank

City

Country

Average hourly rate for creative roles

Average monthly cost of living

Average  Airbnb price per month

Cost of hotdesking per month

Wifi speeds (Mb/s)

1

Istanbul

Turkey

£30.64

£443.60

£1,584.36

£64.01

6

2

Bangkok

Thailand

£27.36

£515.70

£1,176.27

£159.24

27

3

Hong Kong

Hong Kong

£32.79

£883.90

£2,664.60

£190.44

87

4

Las Vegas

United States

£49.36

£821.60

£5,881.33

£171.24

61

5

Budapest

Hungary

£25.25

£568.60

£1,728.39

£164.84

30

6

Washington

United States

£49.36

£1,001.80

£4,320.97

£348.08

104

7

Los Angeles

United States

£49.36

£938.50

£5,641.27

£238.45

66

8

Toronto

Canada

£40.44

£841.50

£3,936.89

£116.83

19

9

Berlin

Germany

£33.44

£857.90

£3,024.68

£191.24

51

10

Singapore

Singapore

£38.91

£915.50

£3,840.87

£396.09

102

The best cities for digital nomads working in popular creative roles

The research uncovered the best cities for digital nomads pursuing popular creative careers, including writers, graphic designers, illustrators, web editors and video editors. For creative workers in writing, graphic design and illustration, Istanbul, Bangkok and Vegas remain in positions one, two and three in terms of our index. Low living costs and cheap accommodation continue to drive high scores for Istanbul and Bangkok. For website designers, once again Istanbul and Bangkok refuse to be toppled from the top spots. However, thanks to having the second lowest cost of renting an Airbnb for a month (£1728), Budapest comes in right behind the top two for this sector.

Hong Kong claims the top spot for those working in the video editing industry due to the cities, average WiFi speeds of 87Mb/s, coupled with affordable-hot desking (£190) and living costs (£884). For digital nomads looking to earn a pretty penny, US cities offer the best hourly rates for digital nomads pursuing careers in writing (£55), illustration (£46), web design £45) and graphic design (£52). However, Hong Kong offers the best hourly rates for digital nomads pursuing a career in video editing at £49 an hour. For website designers and creatives working in UX and UI, once again Istanbul and Bangkok refuse to be toppled from the top spots.

A developing trend

Career coach and experienced digital nomad Sophia Husbands said of the trend, “For individuals who have yet to travel widely, working as a digital nomad provides the perfect opportunity to experience the best the world has to offer.” The digital nomad movement has huge advantages, especially for young creatives who can earn while they travel. With this new research, they can make informed decisions about remote working anywhere in the world.

Leave a Reply

Your email address will not be published. Required fields are marked *