Barcelona considered the cheapest European city to work in

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

On a global scale, the most expensive city is San Francisco, with a house rental price of 720 dollars (645 euros) per week and an income of 1,050 dollars (940 euros) per coworking table.

Conversely, Barcelona is ​​the cheapest European city to work in. According to the report Cities in Motion by Savills, its estimates that the price of residential rental is, on average, 250 dollars per week (224 euros). The average price for renting a table in a coworking space is 380 dollars a month (340 euros).

These prices are well below the incomes of other cities such as Amsterdam, London or Paris, which makes the Catalan capital the cheapest European city to work in. This is one of the conclusions of the report prepared by Savills World Research. "The high accommodation costs may discourage young talents from moving to another city," the study warns. In short, housing prices are a factor that people take into account when deciding where to settle.

In San Francisco, for example, rents have grown very fast in the last ten years, reaching 720 dollars per week (645 euros). New York, on the other hand, is more expensive overall, but the price of rental housing is at 520 dollars per week (465 euros).

In terms of rental prices, Berlin and Barcelona are at a similar level, reaching 200 dollars (179 euros) per week and 250 dollars (224 euros), respectively. The difference is marked by the price of the offices, which amount up to 520 dollars (465 euros) per month in the German capital.

The expansion of coworking goes hand in hand with the growth of the technology sector. Flexible office spaces have reached up to 13% of the total market area in London or Dublin.

"The sector is growing very fast, but there is still room to do it even more," says the consultant. The most expensive costs are in San Francisco and Stockholm, where the price of a table in a coworking amounts to 1,050 dollars (940 euros) per month and 1,000 dollars (896 euros), respectively, for the imbalance between supply and demand.

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

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