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?
Office 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.
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.
When 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.
> 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 :-)
There 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?
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-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.