https://nomadlist.com/digital-nomad-statistics
Scroll to “Nomads by Income”: 35% report $150k - $250k followed by 34% $50k-100k
https://nomadlist.com/digital-nomad-statistics
Scroll to “Nomads by Income”: 35% report $150k - $250k followed by 34% $50k-100k
I make above $4000 USD.
I also happen to live in Asia so travelling is very cheap.
There's needs to be room for savings and big purchases as well.
Problems.
I’m a developer and barely break $10K after tax a month. I work from WeWork and other coworking spaces around the world and have met others making around the same or more.
There are definitely responsible digital nomads out there. It really depends on your circles and where you stay as well. I cannot work at hostels or focus at small hotel rooms so I up my hotel budget and see it as a business expense.
i work for WeWork
For now... 😉
Hi, may I know whether you work for a company or do you freelance/own your own business?
Asking all the other devs in this thread the same question, but I'm guessing you are working remotely abroad without telling your employer right? on travel visas? I'm fully remote but all the roles I ever see being advertised restrict me to stay in my country.
The usual digital nomad is cash-flow negative, stretching credit cards and savings while selling others the idea of living on a permanent vacation is attainable if you just buy this particular nomad's $699 hustle pdf guide
Sounds like you've never met one.
want some toast with your jelly?
Keep telling yourself that. Absolutely false narrative there
I don't know any actual long-term nomad who is only making so little. If someone is just taking an extended gap year then it doesn't matter much and it is better than blowing through savings. I would say median of people I know ~$5k with way, way higher upper-end.
I was making around $2,000 CAD a month ten years ago and that was okay for travelling half the year. Now I'm around $5,000 CAD a month that while working much less and can stay in nicer places.
It really depends. I live in Medellin and have met a few nomads with marketing businesses which make 20K-100K per month.
I hang out with those guys. We probably know each other haha
Ice bath crew?
Completely depends on profession. I’ve met some digital nomads just scraping by but also ones making 50k+ per month.
I tried digital nomad thing for a year. 7 countries. Most adequate, safe places, 1,5-2K just doesn't cut it. My expenses on average were 3K. Luckily I make substantially more than that. Sure, nothing wrong with living in a bunaglo and eating street food only somewhere in Southeast Asia, or South America, but if you want safety, good infrastructure, modern urban environment, this comes with a price - still cheaper than in US / Canada, but generally not really cheap. And yes, this is only sustainable if you spend in a country long time, bothered to learn the language, pay taxes there, make local friends and not just expat friends, and generally, working towards something like PR / second passport. Which in turn, for me, crosses out a lot of countries from list, such as Thailand, for example, where you can live for decades, and still be a tourist without any rights.
Currently Making about $4000 USD, Contract ends after 6 months, so next job might not be as much. Budget will have to change to accomodate . repeat.
I make 12k per month as a software developer.
And I am staying in a 1% tax country in EE.
I don't travel much, or even do much at all other than work, gym and some hobbies.
No SO or dependents. At this rate I could save/invest over 100k per year.
Are you freelance? What country are you in? I'm paying around 25% of my income into income taxes and pension plans.
Don’t you still have to pay US income tax? Or is your employer in Europe?
Nice, any advice to us juniors devs, wanting to become DN? Any regrets or things you wish you could've done different? Any shortcuts you wish you could've taken to become as successful as you are now?
"How much do you think the average digital nomad makes?
"Well I make lots of money!"
So, turns out being a digital nomad isn't just a fancy title, it's also a masterclass in budgeting acrobatics! Sure, I make enough to keep the Wi-Fi flowing and the laptop humming, but my bank account sometimes does a double-take when I mention rent. Let's just say my earnings and my travel plans have this complicated relationship – it's like trying to balance a budget on a seesaw! 😅💔 But hey, who needs financial stability when you've got passport stamps, right?
I make 6 figures in tech. No dependable and I actually save when abroad because I go to cheaper destination than home + sublet my place. I've been able to save a considerable part of my income while doing so. I travel on and off (it's hard to sustain nomading constantly with a demanding job + I enjoy going to the office once in a while).
1000$ sounds like someone who is self-employed without sufficient clients, very entry-level / part-time and/or coming from a country with low waves compared to Western Europe / North America.
Lots of people call themselves digital nomads while, in theory, they quit their job and live off savings / small gigs then they return home when broke. Some are using lower costs of living in Asia, for example, to bootstrap a business idea. It's very different than the employed nomads or settled entrepreneurs and the latter usually don't travel full time or super fast - it's unsustainable with the need to be productive
Asking all the other devs in this thread the same question, but I'm guessing you are working remotely abroad without telling your employer right? on travel visas? I'm fully remote but all the roles I ever see being advertised restrict me to stay in my country.
$17-$20k per month. Mostly slowmading :)
Easily over $100k from the guys that I've met but I am closer to 40 so this may be skewed based on age (much later into their careers)
Exactly - I’m not sure why people are so shocked that someone travelling around the globe is making a high salary and is likely already in an established career.
I make $11,000/mo, spend $1350 a month on rent, $200 a month on flights and about $800 a month on food. Since I own very little, most of the rest of my income goes towards my business or self development. Pretty fucking sustainable.
Not going to work out for everyone especially those with crappier jobs than others
I make about $26k a month. I’m in consulting and work a few contracts at the same time with rates between $110-$125 an hour
Your right most are making around 1-2g a month. However why isn't that sustainable? If your spending it all on partying every day sure. However if you just doing stuff in moderation (the same amount you would do back home) then it's very sustainable.
The only thing I wonder is how many are saving for retirement. I've not met many who think of this. That's where I think the problems will come from.
I make $2k a month, spend $200 on rent $100 on food and like $500 on travel and leisure every month ( Euro and SEA) the rest goes to savings, been like this for a while. How much do you have in savings boii?
Digital nomad isn't a career so it doesn't have a normal range.
There are people out there doing the most minimal freelance they can, just enough to get by in a low cost area.
There are people making average money who are either blowing it all or living somewhere cheap so they can save it all.
There are people making bank in corporate jobs or in freelance/owning a business that have done extremely well living across all ranges.
I know people living on $700 a month and others pulling $17,000 a month.
About the same as the average online worker.
About the same as the typical online worker.
Insane numbers being dropped in here with $100k pa salaries. It makes sense how overinflated prices are in some cities if that’s what the expat Americans are pulling in.
I’ve fluctuated between $1000-$5000pcm over the 4.5yrs nomadding as a part-time freelancer. Generally at the lower end of that value (I’m not American, by the way) and live fine with my SO.
Remember those that are high earners are FAR more willing to share they’re bringing in five figures a month compared to someone scraping by. It massively skews the picture and you should treat your own path.
I make 50k per month on an average month. Everyone I associate with earns at least six figures. Success attracts success.
I only work a few hours per week, though. Full time work is for chumps. I spend the rest of the day getting swole, tuning babes, and smoking blunts.
Jesus, this whole thread is full of the richest of the rich apparently, I don't think you're going to find representative numbers here.
Like asking what users of mechanical keyboards make, or those who wear hiking boots!
Income depends on your skillset, job description, industry/employer, experience, education nationality etc
Nothing to do with the fact that you work remotely.
A Kubernetes DevOps USian working for a Wall Street brokerage or Palo Alto startup
can't really be compared to a scriptbot CSR
I've done this while making $1k per month and now make $5k per month. They're both fun lol, in their own ways. $1k is just way more stressful as you can't save.
I make the same I was making at home, but spend 30% less according to surveys about standards of living. However these surveys don't account for winters in my home countries that requires 2 sets of tires for your car, clothing for different seasons, sports equipment for different seasons, etc. Hence, I save more than 30%.
I've been at it almost 20 years and I have a sustainable retirement plan.
You ask a question and then make an assumption. A digital nomad is not a profession so there isn’t a set value. Most people I’ve met are making over $100k
Everyone on reddit makes over100k and has a 12 foot cock