Budapest 5th best city in world for remote working

Analysis

Budapest is the fifth best city in the world for working from home or remotely, according to the Remote Working Index report by Broadband Deals.

The index assessed 50 popular cities in the world, ranking them based on average internet speed, availability of food delivery companies, the amount of remote working jobs available, the cost of a laptop, and the cost of living.

According to the ranking, only Bucharest, Houston, Las Vegas, and Atlanta are better cities for remote work than the Hungarian capital. 

The report points out that Budapest boasts fast internet speeds of 41 Mbps, a relatively low cost of living of GBP 470.39 per month, and a high proportion of jobs (2.33%) offering the possibility to work remotely. 

First-placed Bucharest has an internet speed of 52 Mbps, a living cost of GBP 421 per month, and about 4.33% of jobs in the city give workers the opportunity for remote working.

Rome named worst city for remote working

Broadband Deals ranks Rome as the worst city for remote working, mainly due to having the joint second highest laptop cost (GBP 1,596.89) of the surveyed cities, and slow internet speeds (16 Mbps).

Milan is the second-worst, due to similar reasons. Still, 1.08% of jobs in the city offer the availability to work from home, compared to just 0.61% in Rome.

South Korean capital Seoul completes the bottom three. Only 0.14% of jobs in the city offer the availability to work remotely. The cost of living in Seoul is higher than the aforementioned two Italian cities, but faster internet speeds prevent the city from below them, the report notes.

The complete report can be found here.

Hungary Current Account has EUR 213 mln Deficit in January Debt

Hungary Current Account has EUR 213 mln Deficit in January

Budapest Residents to Weigh in on Rákosrendező Development P... Issues

Budapest Residents to Weigh in on Rákosrendező Development P...

AutoWallis Becomes Importer of Geely Group’s Commercial EV B... Automotive

AutoWallis Becomes Importer of Geely Group’s Commercial EV B...

These Are the Most Sleep-friendly Hotels in Hungary Hotels

These Are the Most Sleep-friendly Hotels in Hungary

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.