Does being a digital nomad save money? It depends on where you go

Sipping a cold pint of beer in Budapest can cost $2.

Dinner for two in a pub in Prague? About $22.

And a month’s rental for a sleek studio apartment in the center of the Portuguese city of Porto can set you back $650.

With these sorts of living costs, it’s no surprise that many are tempted to move overseas.

Needless to say, that’s not always the case — sometimes moving overseas is more expensive. CNBC Travel speaks to people with different experiences.

Originally from Romania, Irina Papuc is a co-founder of the digital marketing agency Galactic Fed. She said she’s traveled to more than 40 countries as a “digital nomad” while growing the business.

She is able to save money because she has embraced a style of travel that minimizes spending while on the road, she said.

“I prefer to choose a few high-quality experiences instead of constantly moving around. Slow travel, namely spending more time in one place, allows you to save a ton of money, because it’s usually the transport (plane tickets) that dry out the bank account.”

She adds that eating local food, embracing “couchsurfing” — which she describes as “the best way to meet local people and not pay any rent at the same time” — ditching fancy co-working spaces and hitchhiking are all great ways to save money.

As for which places offer the best value, she cites Nepal, Thailand and Taiwan.

“On average, when trekking in Nepal, I spent around five dollars a day, including all food and accommodation,” she said.

Born and raised in the United Kingdom, Courteney Richardson-Hicks now lives as a digital nomad in Europe.

“I’ve actually managed to save quite a lot by traveling, certainly more than if I lived in the U.K.,” the marketing content strategist said.

She told CNBC about a side gig she…