How much money do I need to travel for a year or longer as a digital nomad?

It really depends on you, your budget, where you come from, and where you want to go.

I think that if you manage to make between 2,000€-5,000€ per month, you should be able to travel almost anywhere on an ongoing basis, without any issue.

But make sure you have built a safety net of about 3 months salary, in case you have an accident or something like that.

I was earning the same amount of money last year traveling that I did the year before, where I was staying in France. The money I'd spent on rent, I spent on Airbnbs, but I could have saved more money by going to a hostel instead.

Have a look at Nomad List too: it's got a good level of indication of how much money you might spend based on the destination you're interested in going to.

Other answers by Thibault Lemaitre:

• Now that you've been based out of Dublin these last 6 months, can you reflect on the ups and downs of life in one location as opposed to traveling? in category Remote work
• Does the 80/20 principle apply in freelancing? in category Freelancing
• As a digital marketer, do you notice huge cultural differences when dealing with foreign clients? in category Affiliate marketing
• How important is it to put a face instead of a logo/name in social media marketing as a freelancer? in category Freelancing
• Do you prefer short-term or long-term clients? Why? in category Freelancing

Other answers in the category Travel:

• What is it like to return home after traveling as a digital nomad?
• How long do you usually stay in one location as a digital nomad?
• How do you meet other digital nomads while traveling?
• What's your favorite country as a surfer digital nomad?
• What are the best websites to inform yourself about the situation in a new destination ( cost of living, where to find apartments, security situation etc.)?

Some random answers on our wiki :

• What's the most emotionally and/or psychologically tiring part of the digital nomad lifestyle? by Jacob Laukaitis in category Travel
• Any tips for making the most of the Nomad Cruise? by Patrick Farrell in category Retreats
• What amenities do digital nomads expect from a co-working space in a tourist location? by Christopher Dodd in category Remote work
• What's the mindset of any successful entrepreneur? by Natalie Sisson in category Startups
• What are your favorite travel destinations as a digital nomad? by Leo Kipfelsberger in category Travel
• How do you structure your responsibilities between parents when travelling full-time? by Kierstan Streber in category General
• How did you choose the destinations during your one year of full-time travel as a digital nomad? by Thibault Lemaitre in category Travel
• What is the best job for a digital nomad? by Christopher Dodd in category Remote work
• What are some important skills that I should learn prior to becoming a digital nomad? by Jacob Laukaitis in category Remote work
• How do you find clients for legal serivces that don't mind that your services are being carried out remotely? by Larissa Bodniowycz in category Law