How Much Coworking Space Cost and Why They Differ

How much is coworking space cost nowadays? Why does each coworking space offer different cost and rate? These are some common questions in terms of coworking space prices. If you’re thinking of renting a coworking space, these can be your questions too.

As the trend of coworking spaces raises, more and more professionals and businesses are interested in renting this alternative office. Those who have recognized the benefits of coworking spaces would love to move for sure. If you are one of them, it’s pretty common to curious about the prices.

In general, the cost of coworking spaces varies from one city to another and one business to another. So, you need to check with your chosen coworking spaces for the accurate rate. But, if you want to know the average cost, let’s check this following information.

How Much Is Coworking Space Cost?

When it comes to coworking space costs, you can expect to pay considerably low prices for space which is dedicated to you. Note that spaces will often vary in cost, but they should always be in tandem with the available amenities.

Some coworking spaces provide amenities like cafes, courtyards, public kitchen, and even showers. Others may simply offer desk space for you. This difference in amenities is one of the reasons why the costs differ from one space to another. But, it is found that the average monthly cost is $387.

If you’re looking for a coworking space in New York, it’s possible to find a wide variety of prices. The location can affect the coworking space cost as well. So, a coworking space in New York can cost different from the one located in other cities.

If we are taking other countries into account, a coworking space in Sydney may cost AUD 550 per month for a hot desk option. A lower price is available and you have a lot of available choices as well. In Amsterdam, the average cost is around EUR 195 per month.

Why Rent a Coworking Space Worth the Money?

Now the question is: does pay that amount of money to rent a coworking space worth it? When you are choosing the right coworking space, the cost would be valuable in the end. It becomes worthy because of the benefits you gain from joining coworking spaces.

Paying that amount of coworking space cost every month would be paid off by the good amenities and perks you get. You can also be more productive and creative while working around other dedicated professionals and businesses in a coworking space.

Furthermore, it’s not impossible to join some meaningful community events in the coworking space. From business talks to happy hours, there can be many events held by the coworking spaces. It will help you expand your networking as well in the end.

In conclusion, joining a coworking space is worth the money, especially if you rent the right one. With an average cost of $387 per month, you can enjoy a cool workspace with various amenities and a chance for networking. That’s all about the average coworking space cost.