Compared to before, I save 1.5 hour every day just by not commuting, which works out to over 2 weeks of my life every year. That's not even taking into account the fact that when it's slow, I can also get chores done around the house during business hours. Sometimes even an errand or two. And the freedom to live wherever I want as long as I have good wifi is huge
The drawback is that sometimes it makes me a little stir-crazy and the lack of human interaction, but that just makes me more eager to get outside and do stuff when work is done. So oddly enough it's kind of a boon to my social life too, cause I'm not coming home in the evening feeling too exhausted to do anything.