Coworking spaces are transforming the commercial real estate market as well as workplace culture as a whole.
According to CBRE, the industry has grown at an average of 23% each year and added 4 billion square feet of space.
While coworking memberships are tax deductible, many companies are vague about pricing on their websites and the exact cost of your chosen space is not known until after a consultation.
According to Entrepreneur, the average price for a base level community membership ranges from $260 to $430 based on 12 national coworking companies.
Now, high-end coworking memberships are offering users new, unique amenities not seen at traditional coworking spaces. For example, coworking financing startup Salaryo offers security deposit financing and flexible credit lines for memberships at various coworking spaces such as WeWork and Industrious.
While there are various other free alternatives to coworking spaces, coffee shops and hotel lobbies do not offer the same sense of community. If you still feel more comfortable working from home, virtual coworking is another option. These online communities operate their own Slack channels where workers can communicate and collaborate with colleagues.