Cheapest cities in the world for telecommuting
If you are a freelancer and you are lucky to do your usual work wherever there is an Internet connection, then you would consider the possibility of working in the best coffee houses in the world. In addition, if you are a Londoner, a New Yorker, or anyone else living in the midst of a housing crisis, you must have looked with envy at friends who do not bend their knees with the horror of ruin when the day comes for paying the rent.
The good news is that there are options, many options. And it’s not just about the cost of living. The speed of the Internet connection, crime and the quality of life – all this affects what makes some place wonderful in order to live there and work remotely.
Using the data of NomadList, the Global Peace Index and the International Happiness Index, we selected a list of the cheapest (not in a specific order) places, but with the largest coverage in the world, to work remotely.
Seoul – South Korea
Seoul is one of the few places on earth where it is more expensive to rent office space than to rent an apartment. This probably indicates an increasing number of startups, entrepreneurs and a limited number of available space.
A two-room apartment will cost you $ 717 a month, while a workplace for a month will cost $ 957. A night in a hostel costs about $ 28, and a low-level hotel can be cheap, costing only $ 13 per night.
The Seoul freelancer world is backed up by a 60 Mbps Internet speed and substantial access to public Wi-Fi. South Korea is also actively investing in 4G and is investing billions in 5G research, so you will rarely be without data or connection.
This country is a relatively safe country, according to the Global Peace Index, ranking 52nd out of 162 countries. South Koreans also hold a high position on the scale of experienced well-being, which measures how satisfied people are with their lives, getting 6.19 out of 10 – which is higher than the world average of 5.28.
Bucharest – Romania
The cost of a place in a coworking center will cost $ 149 per month, and a two-room apartment – some $ 449 per month. If you were to stay at a hostel or cheap hotel, you would pay between $ 30 and $ 45, respectively, with a basic meal costing about $ 6. TechHub also has an office there for startups looking for office space.
Bucharest also has high speed Internet, an average of about 70 Mbit, which is significantly higher than the average US Internet speed of 10.5 Mbit and an average world value of 3.9 Mbit, according to Akamai in a report on the Internet.
Romania is rated normally in the Global Peace Index, which puts it 35th out of 162 countries, due to its low crime rate and other factors. However, the International Happiness Index ranks Romania’s tested well-being as 4.9 out of 10.
Where to get money to start your own business? It is this problem that 95% of beginning entrepreneurs face! In the article “Where to get money for a business” we revealed the most relevant ways to get start-up capital for an entrepreneur. We also recommend that you carefully study the results of our experiment in exchange earnings: “see the results of the experiment”
Taipei – Taiwan
The most amazing thing about Taipei is that a full, well cooked and very tasty meal costs a little more than $ 2 in the suburbs. This low cost of living is reflected right across Taipei, with an average base meal price of around three dollars.
Renting an average two-room apartment costs $ 982 per month, a night in a hostel costs $ 25, and a room in a cheap hotel costs $ 52. A desk loan in a common office will cost you $ 48.65 per month.
A safe place to work and live, Taiwan is ranked 28th out of 162 countries in the Global Peace Index. It also has, on average, a fast 40 Mbps Internet connection.
Lisbon – Portugal
Lisbon, of course, is a beautiful city, but it also boasts a low cost of living and a fast Internet connection, which is why it got to this list.
The average Internet connection speed is 40 Mbps, with decent access to public Wi-Fi and a number of coffee houses with a signal. An average one-bedroom apartment in the city center costs $ 629 per month, with a hostel and cheap hotel, each offering $ 53 per night. The average cost of a main course is $ 6.
Portugal ranks 18th out of 162 countries in the Global Peace Index and below the world average of tested well-being, 4.9 out of 10.