Everything Coliving

Coliving Cost Index

What does it cost to run a coliving space in your city? Compare per-bed operating costs, revenue, and margins across 28+ cities worldwide. Sort, filter, and compare side by side.

CityCountryOpEx/Bed/MoRevenue/Bed/MoMarginUtilitiesStaff
BaliIndonesia€140€25044%€20€30
BangaloreIndia€150€24038%€22€35
NairobiKenya€160€28043%€25€35
MedellínColombia€170€30043%€20€40
MumbaiIndia€180€28036%€25€40
Buenos AiresArgentina€180€32044%€22€45
BangkokThailand€200€32038%€30€45
Mexico CityMexico€220€38042%€25€50
Cape TownSouth Africa€220€38042%€30€50
BudapestHungary€290€42031%€40€70
WarsawPoland€330€48031%€45€80
LisbonPortugal€420€60030%€55€110
DubaiUAE€450€70036%€50€100
BarcelonaSpain€480€68029%€60€120
ViennaAustria€480€65026%€65€140
AustinUSA€480€70031%€65€130
MilanItaly€500€70029%€65€130
BerlinGermany€520€70026%€70€150
TokyoJapan€550€75027%€55€140
SingaporeSingapore€580€80028%€60€120
AmsterdamNetherlands€600€85029%€75€160
DublinIreland€600€85029%€75€160
CopenhagenDenmark€620€85027%€70€200
ParisFrance€650€90028%€80€170
SydneyAustralia€650€90028%€70€180
LondonUK€680€95028%€85€180
San FranciscoUSA€750€1,05029%€85€190
New YorkUSA€800€1,10027%€90€200

Data sourced from EC Live Research, operator surveys, and industry reports. All figures are monthly per-bed estimates in EUR. Last updated Q1 2026.

Understanding Coliving Operating Costs by City

Operating costs vary dramatically by location — a coliving bed in London costs 4x more to operate than one in Bangalore. Understanding these differences is essential for market selection, pricing strategy, and financial modeling.

The largest cost driver in most markets is rent or lease payments, typically representing 40-55% of total operating expenses. Markets like London, New York, and Singapore have the highest rent-per-sqm costs, which directly impacts break-even occupancy requirements.

Staff costs are the second largest variable, ranging from €30-35/bed/month in South and Southeast Asia to €180-200/bed/month in Western Europe and North America. This is why APAC coliving operators often achieve higher margins despite lower absolute revenue.

Use this cost index alongside our break-even calculator and cash flow projector to model the economics of entering a new market.

Frequently Asked Questions

How are the operating costs calculated?
Operating costs include rent/lease payments, utilities, staff costs (community management, cleaning), insurance, and marketing. Data is sourced from the EC Live Coliving Research survey, operator interviews, and industry reports. All figures are monthly per-bed estimates.
Why do margins vary so much between cities?
Margin differences are driven primarily by the staff-cost-to-revenue ratio. Cities with low labor costs (Asia, Latin America, Africa) achieve higher margins (35-44%) despite lower absolute revenue. Western European and North American cities have higher revenue but also higher costs, resulting in tighter margins (25-30%).
Which cities are cheapest to operate coliving?
The cheapest cities to operate are in Asia and Latin America: Bali (€140/bed/mo), Bangalore (€150/bed/mo), Nairobi (€160/bed/mo), and Medellín (€170/bed/mo). However, low operating costs come with lower revenue, so focus on margin rather than absolute cost.
How do I use this data for market selection?
Focus on estimated margin rather than absolute revenue or cost. A city with high revenue but high costs (New York, 27% margin) may be less profitable than a city with lower revenue but much lower costs (Medellín, 43% margin). Also consider market maturity, regulatory environment, and demand drivers.
Are these costs for new or established coliving spaces?
These are stabilized operating costs for established spaces (12+ months of operation) at 85-90% occupancy. New spaces during ramp-up will have higher per-bed costs due to lower occupancy. Use our cash flow projector to model the ramp-up period.

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