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Wow, 17k per head outside the valley and nyc? Seems exceasive, its the first time i har of this figure. Any idea how much that would be in california/nyc?
by onemoresoop 6y ago
Wow, 17k per head outside the valley and nyc? Seems exceasive, its the first time i har of this figure. Any idea how much that would be in california/nyc?
- mikekchar 6y agoWhen I was doing some budgeting in London, England several years ago, I found that the monthly rent for a small apartment was similar to the the cost of a desk in the office, so 17k per head sounds about right to me in large urban areas.
- wott 6y ago> 17k per head sounds about right to me in large urban areas. I don't know about the US, but in France, in large urban areas like Lyon or Toulouse, you can easily find office space for 100 to 200 €/m²/year. Which means, translated in $, that $17k per year would grant you 75 to 150 m² (800 to 1600 sq. ft.). That would be a very very nice office, far from the shoulder-to-shoulder openspace model, even if you add other expenses than pure rent :-)
- ashtonkem 6y agoThere are some American cities where prices are similar. The data is old, but Dallas was about $10k cheaper per head than NYC was in 2015. Of course, in America rents in NYC and SF are going to drive up the averages by a lot, with companies like FB and Google willing to pay huge amounts for prime real estate and luxury build outs. So the interesting question for you is: how much are rents in Paris, and how does that affect the averages of France as a whole?
- ashtonkem 6y agoOffice space is both cheap and shockingly expensive. It’s cheap because it’s usually a few dollars a square foot, often as low as $1-2. It’s expensive because you need a lot of square feet, plus room for expansion. Your average employee needs 100-150ft in order to not feel cramped, including personal and communal space. Here’s an article from 5 years ago that showed a $10k per employee per year cost difference between NYC and Dallas. https://www.marketwatch.com/story/heres-how-much-your-company-pays-to-rent-office-space-2015-05-27 https://www.marketwatch.com/story/heres-how-much-your-compan... Keep in mind that office prices are going to vary wildly based on location. High rises in the downtown with good access to public transit are going to cost a lot more than an office park that’s just barely within city limits. So these averages per city are going to hide huge standards of deviation.
- klipt 6y ago> Your average employee needs 100-150ft in order to not feel cramped Haha, tech companies in the Bay Area use open office designs that pack people like sardines. Each employee probably gets closer to 30-50sqft.