Workspace Cost
Find the monthly cost of a space per unit of area.
About Workspace Cost
The total monthly cost is divided by the floor area in square feet and then converted to a per-square-meter figure. Comparing offices by cost per unit of area reveals which lease actually delivers usable space for the money.
Formula
Workspace Cost
Per sq ft = (rent + utilities) / area; per sq m = per sq ft x 10.764
- 10.7639
- Square feet in one square meter
Worked example
With the default values below, Workspace Cost returns Per Sq Ft of $2.27. Change any input above and every figure here is recalculated in your browser.
Inputs used
- Rentminimum 0
- 3,000
- Utilitiesminimum 0
- 400
- Areaminimum 1 sq ft
- 1,500 sq ft
Results
- Per Sq Ft
- $2.27
- Total Monthly
- $3,400.00
- Per Sq M
- $24.40
Step by step
- 1Values used
- 2Workspace Cost
- 3Per Sq Ft= 2.27
- 4Total Monthly= 3,400.00
- 5Per Sq M= 24.40
Assumptions and limits
- The result is derived only from the 3 inputs listed above. Anything not among them is not part of the calculation.
- In particular, this calculator does not take inflation, tax, fees or charges or compounding frequency into account.
- Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.
Frequently Asked Questions
How is Workspace Cost calculated?
Per sq ft = (rent + utilities) / area; per sq m = per sq ft x 10.764 The total monthly cost is divided by the floor area in square feet and then converted to a per-square-meter figure.
Why does Workspace Cost matter?
Comparing offices by cost per unit of area reveals which lease actually delivers usable space for the money.
What values do I need to enter?
This calculator takes 3 inputs: Rent, Utilities, Area. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.