Coworking can be costly in Boston, but options abound
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Coworking can be costly in Boston, but options abound
"By the numbers: The monthly median price for a coworking membership in the Boston area is $235, about $10 more than the national median, according to CoworkingCafe's Q3 industry report. Higher-tiered plans and small offices within coworking spaces could cost two or three times that amount. Boston's median day pass price ($45) also exceeds the national median ($30), per the report."
"Friction point: Maintaining coworking spaces and the amenities is getting costlier in this economy, but members are grappling with budget cuts and other pressures. Neighborhood coworking spaces, like the Fields Corner Business Lab, say they have offered more options for teams that need to downgrade their memberships. Zoom in: The business lab created a flex option that charges $300 a month for a two-person team, with additional members costing $75 a month, says lab manager Sarah Riddle."
The monthly median price for a coworking membership in the Boston area is $235, about $10 above the national median. Higher-tier plans and small private offices can cost two to three times that amount. Boston's median day pass price is $45, exceeding the national median of $30. Neighborhood spaces offer lower-cost day and multi-pass options, and some operators run discounts on multi-day packs. A family-oriented option charges $200 monthly for an adult and child with supervised play and private-room hours. Rising maintenance and amenity costs are prompting flexible, lower-cost team plans to retain members.
Read at Axios
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