Where Digital Nomads Can Get Away With The Lowest Housing Costs

In 2023, a survey conducted by MBO Partners revealed that 17.3 million Americans considered themselves digital nomads. And if you're interested in living the nomadic life too, Omio, a service that helps you arrange trips, has some ideas. 

Omio published updated data showing where Americans can get the lowest labor costs while working abroad. It drew its conclusion after using data from numbeo.com, Investopedia, Speedtest.net, and other sources to analyze a number of important aspects, such as the cost of living index, rent index, safety index, mobility, internet speeds, and the cost of visas in different nations. The study's authors concluded that, according to the numbers, digital nomads from the United States can find the best deal in Colombia. 

The abundance of coworking spaces, lightning-fast internet, cheap living costs, and digital nomad visa options put Colombia at the top of the list. One thing the group did mention is that the visa, which grants you the ability to reside and work in the nation for a maximum of 24 months, will set you back over $600. Proof of earning of "at least 3 legal minimum wages during the last 3 months" is also required to secure a digital nomad visa in Colombia, according to the country's tourist office. Keep in mind that a work visa and a digital nomad visa are completely different. You are need to earn money outside of Colombia if you want to work there. 

Plus, Colombia is really awesome, so you might want to think about relocating there for a while. Furthermore, we are not alone in this opinion. The central Medellin neighborhood of Laureles was voted the most awesome place on the planet by Time Out readers in their 2023 Coolest Neighborhoods survey. Time Out described the area as a "renowned nightlife hotspot— but also a place to flock to for great parks, coffee, and yoga studios" in addition to being a "very Colombian" and "very laid-back" section of the city. 

Omio also included Turkey, Bali, Argentina, Brazil, Sri Lanka, Malaysia, Ecuador, Vietnam, and Namibia among the top ten locations for digital nomads. Being a digital nomad gives you the freedom to explore the world at your own pace, so why not spend a few months in each of these amazing places?