There is no mistaking the reason many digital nomads do what they do. Of course, they love the sites and the freedom of traveling, but another huge reason for travelling the globe with only a laptop connecting you to an office is the ability to grow your buying and saving power.
According to Numbeo — the cost-of-living-tracking website — the U.S. is the 21st most expensive country to live in out of the 117 countries it tracks. Dropping down that list into smaller developing countries can turn a $30,000-per-year digital job into the equivalent of earning $100,000 or more per year in the States.
For example, when I began my digital-nomad life, I barely crested $20,000 per year, but because I lived in Indonesia, which is No. 87 on Numbeo’s list, I rented a gorgeous home, hired a full-time maid not named mom, ate at fancy restaurants and never struggled financially.
Estonia ranks No. 45 on this list and has a 27 percent lower cost of living than the U.S., so you will essentially give yourself a raise by moving there.