Cost of Working in a Simple Coworking Space: A Comprehensive Guide
Cost of Working in a Simple Coworking Space: A Comprehensive Guide
The cost of working in a simple coworking space can vary widely based on location, amenities, and the type of membership you choose. This guide provides an overview of general price ranges and factors that influence the cost of being part of a coworking community.
Types of Membership and Their Cost
Coworking spaces offer a variety of membership options to suit different needs and budgets, from hot desks to private offices. Here are the general price ranges for each type:
Hot Desk Membership
Cost: Typically $100 to $500 per month Description: A flexible option where you can use any available desk in a shared areaDedicated Desk
Cost: Usually $300 to $700 per month Description: A reserved desk that you can use exclusively, often includes some storage spacePrivate Office
Cost: Generally $500 to $2000 per month, depending on size and location Description: A private space for individuals or small teams, offering more privacyDay Passes
Cost: Around $20 to $50 per day Description: A one-time fee to use the coworking space for a dayIt is essential to note that prices can vary significantly based on location. Major cities like New York or San Francisco typically have higher costs, while smaller towns or countries such as Thailand or Nigeria may see lower prices. To get accurate pricing, it is best to check specific coworking spaces in your area.
Global Differences in Coworking Cost and Expectations
Coworking spaces vary widely not just in price but also in what people expect from them, depending on their location. While the average price in major cities such as New York, San Francisco, or London can be quite high, there are many affordable options in other parts of the world.
I, as someone deeply involved with the coworking industry, have created my own space and consulted and traveled worldwide, discussing the future of work. From my experience, the cost and value of a coworking space can differ drastically from one place to another. People often place more value on the experience and services offered rather than the price alone.
Flexibility in Cost for Coworking Spaces
The cost of working in one of my own spaces can range from nothing to over 1000 euros, depending on several factors:
1. Where you want to work 2. What you call work 3. What you need from us to work 4. How long you want to work 5. With whom you want to workIf you come to a coworking space on the Coworking Visa, bring your own equipment (BYOD), and stay for less than 3 days, working in the shared space, it won't cost you anything. On the other hand, if you require a private office in a city like Amsterdam with administrative support, the computer, and all the amenities, you might be looking at the upper end of the price range.
So, how much is it? The answer to that question is more complex and personalized than a simple number can capture. It all depends on your individual needs and the specific services you require from a coworking space.