Is Joining a Co-Working Space Worth the Money?

Coworking spaces have been popular in big cities for many years, especially for small businesses, freelancers, and other flexible workers. 

The pandemic showed many companies how much productivity and employee satisfaction was possible without a group office setup. So co-working spaces are becoming attractive opportunities for mixing the benefits of in-person meeting space with the flexibility to work when and where you want. 

Many companies may even choose to pay for a co-working membership for their team—but for individual workers who are considering footing the bill themselves, you have to make sure the math works out for you.

• Compare any direct alternatives: If you'd spend $4 per workday picking up a latte somewhere and your co-working membership includes a tasty unlimited coffee bar, you can factor in that savings.
• Another source of benefits includes anything you don't have in your work-from-home setup currently (quiet rooms or meeting room use, communal printers and office supplies, snacks, dedicated parking spots, and an office address so you can receive mail)
• For workers who normally don't see anyone all day if working at home, the community aspect of a co-working space can be the major advantage. For some, the community aspect could lead to the growth of their company due to collaboration.