Rent is the line that decides whether a nomad budget works. Food, coworking and transport move by a few dozen dollars between cities, but a one-bedroom apartment can cost $297 a month in one place and $1,242 in another. This guide compares 20 popular remote-work hubs using one set of figures for each, so the gaps between cities are measured the same way: monthly rent for a one-bedroom apartment in the centre, the same flat outside the centre, a three-bedroom flat for sharing, and the extras that sit on top.

Every figure is a typical long-stay asking level, not a quote from a landlord. Short stays in tourist apartments usually cost more, and a good deal on a six-month lease will cost less. Treat the numbers as a way to rank cities and size a budget, then check live listings before you commit.

Why rent decides the whole budget

Across these 20 cities a centre one-bedroom takes between 17% (Athens) and 47% (Ho Chi Minh City) of the estimated monthly budget for a nomad. That makes housing the largest single item almost everywhere, and the one with the widest spread. The average centre one-bedroom across the group is $645 a month, and the middle value is $538.

Rent also behaves differently from other costs. A cheap meal stays cheap even when you live in an expensive neighbourhood, but your flat is a fixed monthly bill that does not shrink if you eat out less. It is the one cost you choose once and then live with for the whole stay, so it pays to choose carefully. Two decisions do most of the work: which city, and which part of it.

One-bedroom rent in 20 cities: centre versus outside

The table below is sorted from the cheapest centre rent to the most expensive. The saving columns show what you keep each month by moving from the centre to a one-bedroom outside it. Across the whole group, outside flats cost 30% less in total, but the gap is far from even.

City1-bed centre1-bed outsideSaving ($)Saving (%)
Medellín$297$246$5117%
Buenos Aires$312$226$8628%
Tirana$431$257$17440%
Kuala Lumpur$438$282$15736%
Sofia$446$337$10925%
Bucharest$470$336$13429%
Budapest$492$377$11523%
Ho Chi Minh City$494$293$20141%
Split$495$361$13427%
Athens$522$465$5611%
Istanbul$555$316$23943%
Bangkok$595$286$30952%
Belgrade$649$403$24638%
Mexico City$767$482$28537%
Tbilisi$797$529$26834%
Valencia$808$598$21126%
Prague$945$705$24025%
Madrid$1,056$839$21721%
Barcelona$1,084$851$23321%
Lisbon$1,242$813$42935%

The biggest percentage discounts for leaving the centre are in Bangkok (52%, or $309 a month), Istanbul (43%) and Ho Chi Minh City (41%). The biggest dollar saving belongs to Lisbon, where an outside flat is $429 cheaper each month. At the other end, Athens (11%), Medellín (17%) and Madrid (21%) barely reward the commute, so living centrally costs you little extra there.

A simple rule follows from the numbers. In big, spread-out cities such as Bangkok, Istanbul and Ho Chi Minh City, the outside discount is 40% or more and a metro or rail line makes the trade worthwhile. In compact cities such as Athens or Madrid, the discount is smaller and the time you save by walking is worth more than the money.

How much of a nomad budget goes on rent

Rent as a share of the estimated monthly nomad budget shows which cities are cheap because of low housing and which are cheap only on paper. The share is the centre one-bedroom divided by the overall monthly budget estimate for that city, and the outside column does the same for the cheaper flat.

CityMonthly nomad budgetCentre rent shareOutside rent share
Ho Chi Minh City$1,05047%28%
Mexico City$1,82442%26%
Bangkok$1,49040%19%
Tbilisi$2,06939%26%
Lisbon$3,46236%23%
Kuala Lumpur$1,37332%21%
Istanbul$1,78931%18%
Prague$3,52527%20%
Valencia$3,13526%19%
Madrid$4,28025%20%
Belgrade$2,66824%15%
Barcelona$4,50324%19%
Bucharest$2,04523%16%
Split$2,25122%16%
Medellín$1,39321%18%
Budapest$2,46020%15%
Tirana$2,17120%12%
Buenos Aires$1,59520%14%
Sofia$2,34619%14%
Athens$3,07617%15%

Rent takes the biggest bite in Ho Chi Minh City (47%), Mexico City (42%) and Bangkok (40%). Those are places where the overall budget looks modest, yet housing eats nearly half of it. The lowest shares are in Athens (17%), Sofia (19%) and Buenos Aires (20%), where the rest of the budget is relatively larger or rent is unusually low.

Note that a high share is not automatically bad. Bangkok and Ho Chi Minh City have high shares because everything else is cheap, so a nomad who rents outside the centre still ends up with one of the lowest total budgets in the group. Compare the budget column with the share column rather than reading either one alone.

The cheap tier: centre rent under $500

Nine cities sit below $500 for a centre one-bedroom: Medellín, Buenos Aires, Tirana, Kuala Lumpur, Sofia, Bucharest, Budapest, Ho Chi Minh City, Split. They are the strongest options for a long stay on a tight budget.

Medellín is the cheapest city in the whole comparison at $297 in the centre and $246 outside. Its gap between the two is only 17%, one of the smallest in the group, so there is little reason to move far out. Buenos Aires follows at $312 in the centre and $226 outside, and Tirana at $431 and $257, where the outside saving reaches 40%. Kuala Lumpur costs $438 in the centre and $282 outside, but its rent is already 32% of the budget estimate, so look at the full cost before celebrating.

The central European group is steady rather than spectacular. Sofia ($446 centre, $337 outside), Bucharest ($470 and $336) and Budapest ($492 and $377) all offer a one-bedroom for roughly $446 to $492 in the centre. Ho Chi Minh City costs $494 in the centre but only $293 outside, a 41% cut that makes a longer commute pay off. Split sits at $495 and $361, which is cheap for a coastal European city.

The mid tier: $500 to $850 in the centre

Seven cities fall in the middle: Athens, Istanbul, Bangkok, Belgrade, Mexico City, Tbilisi, Valencia. Rent here is well above the cheapest cities but still below the priciest ones.

Athens is the cheapest of the group at $522 in the centre, and moving out saves only $56 (11%), so stay central. Istanbul asks $555 in the centre and $316 outside, a 43% discount, and with a population of over 15 million the outer districts are a real option. Bangkok is the star of this tier: $595 in the centre and $286 outside, a saving of $309 a month, or 52%. Few other cities in the comparison reward the outside move as much.

Belgrade costs $649 in the centre and $403 outside. Mexico City costs $767 and $482, with a $285 saving. Tbilisi is the surprise: $797 in the centre, which is above Mexico City and well above Bucharest or Budapest, so it is not among the cheaper cities in this group. Valencia sits at the top of the tier at $808 in the centre and $598 outside, and is the most affordable of the three Spanish cities.

The expensive tier: $900 and above

Four cities cross $900 for a centre one-bedroom: Prague, Madrid, Barcelona, Lisbon.

Prague asks $945 in the centre and $705 outside. Madrid asks $1,056 and $839, and Barcelona $1,084 and $851. In both Spanish cities the outside discount is only about 21%, so the cheaper flat is still expensive. Lisbon is the priciest city in the comparison at $1,242 in the centre. It is also the city where leaving the centre saves the most in dollars, at $429 (35%) and bringing the one-bedroom down to $813, which is still above the centre price in Athens, Istanbul or Bangkok.

The expensive cities do not always offer more in return: Prague averages 91 Mbps of internet speed, far below Bucharest at 282. Whether paying $648 more each month than in Medellín is worth it is a personal call, and the numbers at least make the price of that call visible.

Sharing a flat: three-bedroom rent per person

If you travel with friends or find flatmates through a nomad community, a three-bedroom centre apartment divided by three can beat a solo one-bedroom. The table shows the total rent, the per-person share and how that compares with renting a one-bedroom alone.

City3-bed centrePer person (3 people)Solo 1-bed centrePer person vs solo
Medellín$517$172$29758% of solo
Buenos Aires$627$209$31267% of solo
Tirana$802$267$43162% of solo
Kuala Lumpur$1,000$333$43876% of solo
Sofia$828$276$44662% of solo
Bucharest$889$296$47063% of solo
Budapest$886$295$49260% of solo
Ho Chi Minh City$1,207$402$49482% of solo
Split$832$277$49556% of solo
Athens$905$302$52258% of solo
Istanbul$1,041$347$55563% of solo
Belgrade$1,168$389$64960% of solo
Mexico City$1,481$494$76764% of solo
Tbilisi$1,478$493$79762% of solo
Valencia$1,456$485$80860% of solo
Prague$1,678$559$94559% of solo
Madrid$1,813$604$1,05657% of solo
Barcelona$1,798$599$1,08455% of solo
Lisbon$2,149$716$1,24258% of solo

In every city listed, a three-person split costs roughly 55% to 82% of a solo one-bedroom. The best deals are in Barcelona, Madrid and Split, where each person pays only about 55% to 57% of the solo price, followed by Athens, Lisbon and Medellín at roughly 58%. Ho Chi Minh City is the weakest case for sharing, at 82%, because its three-bedroom price is high compared with its one-bedroom.

Bangkok is left out of this table. Its three-bedroom figure of $2,044 works out to more per person than a solo one-bedroom, which contradicts the rest of the data, so it is treated as unreliable and not used here. Sharing also has non-financial costs: less privacy, quiet hours that do not match yours and a more complicated deposit, so the saving has to be worth it.

Renting versus buying: what centre prices tell you

Nomads rarely buy, but the price of property in the centre shows how expensive a market is and how much of that cost landlords pass on. The table uses the centre price per square metre and an illustrative 60 square metre flat, then divides by twelve months of centre one-bedroom rent to show how many years of rent equal the purchase price.

CityPrice per m2 (centre)60 m2 flatYears of rent to match
Tbilisi$1,797$107,84011
Mexico City$2,769$166,14918
Medellín$1,132$67,95019
Valencia$3,419$205,12921
Istanbul$2,375$142,48121
Lisbon$5,757$345,42523
Barcelona$5,103$306,18724
Belgrade$3,219$193,11525
Athens$2,647$158,83325
Tirana$2,213$132,78226
Kuala Lumpur$2,272$136,33626
Madrid$5,613$336,75827
Bucharest$2,527$151,60027
Sofia$2,540$152,38028
Budapest$3,407$204,42835
Split$3,818$229,06439
Buenos Aires$2,518$151,09740
Prague$7,798$467,88341
Ho Chi Minh City$4,405$264,29545
Bangkok$5,534$332,04747

Buying looks most expensive compared with renting in Bangkok, Ho Chi Minh City and Prague, where the purchase price equals more than 40 years of centre rent. Rent looks like the better deal there. At the other end, Tbilisi (11 years), Mexico City (18 years) and Medellín (19 years) have a much lower ratio, which means landlords there charge relatively more for rent compared with what a flat costs.

This is context, not a recommendation. A purchase involves taxes, fees, residency rules for foreign buyers and a long time horizon, and the Tbilisi ratio looks unusually low next to its rent level, so read it with caution. Check the official rules of any country before treating a flat as an investment, and see rent as the flexible choice it is.

Extras that change the real housing bill

The monthly rent is rarely the whole bill. Utilities for a larger flat and a fast internet plan are the two items that vary most between cities. The table adds them to centre and outside rent to give an all-in monthly figure. The utilities figure is for an 85 square metre apartment, which is bigger than most nomads need, so a one-bedroom will usually come in below it.

CityUtilitiesInternet (60 Mbps)City speedAll-in centreAll-in outside
Medellín$58$22179 Mbps$377$326
Buenos Aires$48$22113 Mbps$382$296
Kuala Lumpur$53$25129 Mbps$517$360
Tirana$93$1681 Mbps$540$366
Ho Chi Minh City$74$11174 Mbps$579$379
Sofia$134$1390 Mbps$593$484
Bucharest$119$8282 Mbps$597$463
Istanbul$69$968 Mbps$633$394
Split$115$2693 Mbps$636$502
Budapest$154$13241 Mbps$659$544
Bangkok$80$15272 Mbps$690$381
Athens$265$3276 Mbps$819$763
Belgrade$153$24109 Mbps$826$580
Mexico City$49$2793 Mbps$842$557
Tbilisi$74$2043 Mbps$892$624
Valencia$142$34247 Mbps$984$774
Prague$267$2391 Mbps$1,235$995
Madrid$166$38259 Mbps$1,260$1,044
Barcelona$171$40251 Mbps$1,295$1,062
Lisbon$131$36179 Mbps$1,409$980

Utilities range from $48 in Buenos Aires to $267 in Prague. Prague and Athens have the highest utility bills, and in Athens the figure of $265 is more than half the centre rent, which looks high, so check real bills before you rely on it. Internet is cheap nearly everywhere, from $8 in Bucharest to $40 in Barcelona.

Speed matters more than price when you work online. Bucharest (282 Mbps), Bangkok (272), Madrid (259), Barcelona (251) and Valencia (247) have the fastest city averages. Tbilisi, at 43 Mbps, is the slowest, so its fairly high rent does not come with fast connections. Bucharest combines the fastest speed in the group with the cheapest 60 Mbps plan, which is a rare pairing.

Once utilities and internet are added, the ranking changes a little. Athens drops from tenth to twelfth cheapest because of its utility bill, and Bangkok and Istanbul stay low only if you rent outside the centre, where the all-in figures drop to $381 and $394.

A worked example: three months in three cities

To see the effect of these choices, take a three-month stay in a centre one-bedroom with utilities and internet included, and compare it with the same stay outside the centre. The calculation is rent plus utilities plus internet, multiplied by three.

CityCentre rent/month3 months, centreOutside rent/month3 months, outsideDifference
Medellín$297$1,131$246$978$152
Budapest$492$1,978$377$1,633$345
Bangkok$595$2,069$286$1,143$926
Lisbon$1,242$4,226$813$2,939$1,287

Three months in a central Lisbon flat costs $4,226 for housing alone. The same period in Medellín costs $1,131, a difference of $3,095. Even Lisbon outside the centre ($2,939) is more than Bangkok in the centre ($2,069). The cheapest option in the example is outside Medellín at $978, and the central Budapest total of $1,978 sits comfortably in between.

These totals include an 85 square metre utility figure, so a real one-bedroom bill is likely to be somewhat lower. They exclude deposits, agency fees and any furnishing, which are common on longer leases and can add a month of rent up front. Always ask whether the deposit is refundable and whether the listing price includes bills.

How to use these numbers

  • Pick the tier first. Decide how much you can pay for a centre one-bedroom, then shortlist cities within that tier.
  • Decide where you will live inside the city. In Bangkok, Istanbul, Ho Chi Minh City and Lisbon the outside saving is big enough to change the ranking. In Athens, Madrid and Barcelona it is not.
  • Check internet speed before you sign. A cheap flat with a slow connection costs more in lost work than it saves in rent.
  • Consider sharing in the cities where a three-bedroom split drops your cost to about 55% of a solo flat.
  • Leave a margin for utilities, especially in cities with cold winters or hot summers, and for the deposit.
  • Verify visa length, tax residence and lease rules with the official source of each country, because they affect how long you can legally stay and what you can sign.

Frequently Asked Questions