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Revealed: The best co-working cities in the world

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London has emerged as the top city for co-working beating out New York, Los Angeles and Paris, according to new research by Aspinal of London.

London has the most co-working spaces (213), the third highest number of start-up companies (2493) and the third-place ranking for the number of company founders (3962).

The research looks at five key factors for co-working: number of co-working spaces, average cost per month, number of start-up companies, number of company founders and broadband speed (mbps).

Los Angeles was ranked the second-best city, followed by Paris and Bangalore. Unsurprisingly Bangalore had the cheapest average workspace cost per month (£67) and the third highest number of co-working spaces.

Despite New York having the most start-up companies (3408), and the highest number of company founders (5802), it remained in 5th position.

Daniel Pickering-Fletcher, Head of People at Aspinal of London said, “It’s no surprise that London came out on top, as there are 1.4 million British freelancers working across all sectors and with the rapid growth of freelancers and entrepreneurs, we’ll soon see 40% of the global workforce in self-employed roles.”

“It’s clear that cities around the world are adapting to changing times. Working remotely and flexible hours are quickly replacing typical workdays to help people achieve a healthier work-life balance.”

The top 20 co-working cities around the world are as follows;

Position City No. co-working spaces Avg. cost per month No. start-up companies
1 London 213 £312 2493
2 Los Angeles 95 £262 779
3 Paris 92 £276 743
4 Bengaluru 110 £67 509
5 New York 173 £352 3408
6 Berlin 75 £200 692
7 Chicago 61 £216 540
8 Boston 42 £252 560
9 Beijing 81 £236 1247
10 Amsterdam 53 £178 299
11 Seattle 39 £217 477
12 Toronto 48 £185 493
13 Sydney 69 £266 345
14 Singapore 71 £294 712
15 Austin 30 £281 520
16 San Jose 25 £284 2887
17 Shanghai 64 £281 723
18 Vancouver 25 £211 248
19 Tel Aviv 17 £267 562
20 Stockholm 40 £261 176

 




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