In recent months, there has been a noticeable increase in discussions and concerns about the price of coliving spaces, especially among digital nomads and remote workers. Many conversations highlight that while coliving offers a unique experience of community and professional growth, the costs can sometimes feel high, particularly for those looking for more affordable long-term options.
A business owner and frequent coliver shared that running a coliving must come with significant costs. They likened it to running any business where the goal is to cover expenses and generate some profit. They also expressed that they are happy to pay a premium for occasional stays if it ensures access to an instant community and enriching experiences. However, long-term stays might be more challenging unless there’s a deal or work exchange involved.
On the other hand, some individuals have noted that a portion of the nomad community seems more focused on finding cheaper alternatives rather than paying for curated experiences. “For some, it’s simply about finding affordable accommodation, and they may not value the community or additional services that come with coliving,” one participant mentioned.
As coliving prices rise, especially post-pandemic, some feel they are no longer seeing the value they once did. “Prices have increased across the industry, and I’m not sure if the value has increased in the same proportion,” a nomad of 10 years reflected. Factors like inflation and the mainstream adoption of remote work have introduced a new group of travelers willing to pay premium prices, particularly those who compare these rates to the rising cost of living in major cities.
For some seasoned travelers, the value of coliving has shifted. Those who initially sought the convenience and community that coliving offers now prioritize smaller, rural colivings over urban ones. “In urban areas, I’ve found that colivers are more interested in exploring the city than connecting with each other. In smaller, rural areas, the community aspect is more intentional and meaningful,” one individual shared.
However, the need for strong community facilitation is a recurring theme. “A good community experience really has to start from the top,” another contributor noted. They highlighted the importance of structured events, such as weekly meetings where colivers can plan activities and engage with each other, rather than leaving it to chance or individual initiative. Without this facilitation, some colivings can feel disjointed, with smaller groups forming and not enough interaction across the entire community.
Ultimately, coliving is a dynamic space, and its value often depends on what the individual is seeking. For those looking for curated experiences, intentional community-building, and a sense of belonging, paying a premium might feel justified. On the flip side, for travelers more focused on saving costs, the rising prices can feel hard to justify, especially when the community experience falls short.
As the industry evolves, there’s a growing desire to see a range of coliving options that cater to different budgets and preferences, from more budget-friendly spaces to premium, highly curated environments.
This article was made possible thanks to the insights and discussions from the vibrant Colivers Club community. If you’re passionate about coliving or want to engage in conversations about the future of remote work and community-driven living, join us at Colivers Club.
