Revealed: The best co-working cities in the world

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