The rise of remote working continues to increase, with 32% of Americans, and 24% of Europeans intending to take a “workcation” (a trip to a new destination, where you’ll work for part of your stay), according to 2022 data.1
In addition to that is the sneakier “hush trip”, where employees escape to a foreign country and work remotely… without telling their boss they’ve left the country! Whilst we wouldn’t necessarily advocate this, with the trend for working abroad continuing to increase, the travel insurance experts at Compare the Market have decided to uncover the global workcation hotspots.
We did this by analysing a range of factors, including the number of coworking areas and broadband speeds, as well as the number of attractions in each city, and affordability costs.
If you’re looking to take a workcation, an important consideration is travel insurance. With the right type of policy in place, you could be covered if you find yourself injured or unwell on your trip, or even if you encounter loss of luggage and other disruptions. While there are no policies designed specifically for a workcation, and travel insurance policies often have exclusions for certain types of work-related losses, a standard travel insurance policy would still provide some coverage for your trip.
It’s important that you check the Product Disclosure Statement (PDS) before purchasing, so that you are aware of any exclusions or limits relating to your chosen policy.
So, if you want to get away from it all (but still want to work), read on to discover some of the key workcation hotspots across Europe, the US, Canada, and Australia.
With so many different countries and cultures just a short train or plane ride away from each other, Europe is a great place for a workcation. Whether you choose to stay in one city, or travel around and visit several destinations, discover the cities that came top of our index, below.
Spain really does dominate the top five, but if we look at the top 10, other countries start to get a look in. Hungary’s capital comes in sixth position, with the average cost of a beer in Budapest standing at just €2.07 / AU$3.29 (the fourth-cheapest on our European list) – so a trip to those ruin bars after work is a must!
Rome, Chisinau, Zaragoza, and Naples make up the top 10, with Moldova’s capital the cheapest option of all for a work place. For a cup of coffee in Chisinau, expect to pay around €1.39 (AU$2.21), with beer even less, at €1.25 (AU$1.99).
Digital nomads who want to spend some time in the US should check out these cities below, offering the perfect combination of coworking amenities, affordability, and things to do on your evenings and weekends.
Fort Worth, Philadelphia, and Nashville make up the top five workcation spots in the US, but for coworking spaces, New York and LA aside, Chicago, Houston, and Denver are the cities to be.
For affordable workcation destinations, El Paso and Indianapolis offer cheap coffee (although not as cheap as Milwaukee), or for cheap beer, head to Oklahoma City, El Paso, or Detroit.
Moving north of the border to Canada, discover the cities that came out on top of our index for freelancers and remote workers; offering the ideal mix of work-life balance.
Canada’s larger cities like Toronto and Vancouver sit further down the rankings, in sixth and seventh place. Whilst they’re better equipped for working, with Toronto home to 154 coworking spaces, and Vancouver at 60, they’re both on the more expensive side. For example, in Toronto, a beer will cost you US$5.82 (AU$8.71).
Alternatively, if you want to stay in Australia and visit a new city, then read on to discover the workcation hotspots that offer speedy broadband, coworking spots, and attractions all wrapped up in one.
This dataset ranks 100 cities across Australia, North America, and Europe, based on how good they are for a work holiday. To do this, 40 cities from Europe, 40 cities from the US and Canada, and 10 cities from Australia were selected.
The data for the five different factors relating to work abroad schemes was then collected from the sources listed below. Once the data for the factors was collected, the factors were then normalised to provide each factor with a score between 0 and 1.
The normalised values were then added together and multiplied by 20, to give each city a total score out of 100. The cities were then ranked from highest to lowest, based on their total scores.
The factors used are as follows:
The factors were indexed as follows:
Currencies were converted using Google Finance’s currency converter on 17/03/23, with the following rates:
All data is correct as of 17/03/2023.