11 Comments

Summary:

How much does it cost to rent a desk at a coworking space? Deskwanted, a online marketplace that connects “desk hunters” with coworking spaces, has carried out a global study to determine average coworking costs in the U.S., the UK and Europe.

coworking

We’ve written extensively about the benefits of coworking — the growing movement of independent café-like collaboration spaces for freelance professionals — here on WebWorkerDaily. But how much does it cost to rent a desk at a coworking space?

Deskwanted, a online marketplace for coworking desk space,  has carried out a study to determine average coworking costs in the U.S., the UK and Europe. A membership that includes a permanent desk with 24-hour access costs an average of $365 a month in the U.S; a similar space in the UK will set you back $342 a month, while in mainland Europe the average cost is $362 a month.

The study also looked at the cost of renting a desk on more flexible terms, which revealed a much greater variation in costs between regions. In the U.S, a flexible desk arrangement (such as working on shared tables during office hours) costs an average of $150 per month, while elsewhere it’s much more expensive: at an average of $263 per month in the UK and $259 per month in Europe. The cost of renting a desk for a day also varies quite markedly between the regions: $23 per day in the U.S., $25 per day in Europe and a whopping $51 in the UK. Deskwanted’s analyst Carsten Foertsch believes that the variation in prices is due to the fact that American coworking spaces offer a great variety of plans compared to those in the UK and Europe, which tend to be more standardized and include facilities not generally included in the U.S.

How much do you pay for your coworking space?

Photo courtesy Flickr user hyku.

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  1. I think coworking has many benefits, but I don’t think I’d ever pay for it again. Having tried a few paid places out in London I think they are generally overpriced and don’t provide any real value. In some cases the wifi is noticeably worse than my home wifi, at worst it doesn’t work at all. I won’t name any names, but I’m shocked that some of these places are in business.

    The thing is, you can find some great places to cowork without needing to spend any money at all! My favourite places include the Royal Festival Hall, Barbican, British Library, Rich Mix centre but my real favourites are the many excellent hotel bars/lobbies where you’re highly likely to bump into interesting mobile workers and entrepreneurs. You’ll even get table service.

    All most of us really need is power, wifi and a good atmosphere, and this is easily available for the price of a coffee/beer or less. Why would anyone in their right mind pay $51 a day??

    If you need any tips on London coworking or would like to share your own tips, please drop me a line.

    All the best
    Michael.

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  2. I think, there’s a typing mistake in this article. The average price of a dayticket in a coworking space in the UK is around 31$ – not 51$. But it’s definitely higher than anywhere else, especially in London.

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    1. No typing mistake (well, not be me, anyway). The report says that average daily cost is £33.

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      1. Which, I agree, does sound high.

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  3. I really like the concept; given that most coworking arrangements involve individuals working for different companies, it’s a great opportunity to cultivate new professional relationships and knowledge-share in a relaxed environment. And it carries the ancillary benefit of allowing people to engage in a fun, social activity without having to give up working hours.

    My concern, however, relates to the protection of employers’ proprietary information (PI). Coworking venues could be attractive targets for corporate or even political espionage activities. Individuals do not tend to follow best practices with regard to safeguarding PI when VPN-ing in from public places.

    In any event, I tend to agree with Mr. Edge’s comments. The WiFi in these places generally have poor service; as a technologist who uses Remote Desktop Connection (RDC) to log directly into a workstation at the office, I require all the bandwidth I can get. I would be willing to pay more for assured Quality of Service (QoS) however.

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  4. Simon is right, in fact I can top that.

    Eoffice charge £7 per hour for hotdesking in London, which equates to £56 per day, yes that’s UK pounds! Check their site.

    OK you’ll have to excuse me, I need to get back to working in front of the lovely roaring log fire of the hotel lounge I’ve been parked up in all afternoon for the price of a latte! ;)

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  5. $365?! I pay $95/month for an unlimited-use membership at StrongBoxWest in Atlanta, GA.

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    1. With your own desk? $95/month is a good price, even for a flexible/hotdesking type of membership, though.

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      1. No, it is a hotdesking arrangement. Dedicated desks are somewhere around $175-$200/month, if I remember correctly.

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  6. We pay $275/month for a full time desk here and $175/month for a part time desk. We also have day passes for just $10/day.

    Great article!

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  7. Ha! People don’t understand averages! Average does not mean majority. That is why i can’t stand articles based on ‘averages’. The most expensive place will throw the average off. Perhaps if someone took a real look at how the market is working in this area, it might be more relevant….perhaps.

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