Coastal cities can be more expensive for remote workers, according to a new study from The Perfect Rug.

According to the Pew Research Center, around 22 million employed adults, or about 14% of the workforce, are fully remote, while 41% are remote at least part of the time. By 2025, it’s estimated that more than one in five Americans will work remotely.

The cost of working remotely can vary widely depending on location. The Perfect Rug’s study ranked the 10 most expensive cities for remote workers in 2024.

The study looked at factors including:

  • Population data
  • Number of co-working spaces and cafes per capita
  • Average internet speeds
  • Average monthly rental prices for city center apartments
  • Average hourly desk prices in co-working spaces
  • The cost of meals and coffee
Many of the more expensive cities for remote work are located on the West or East Coasts.

“While affordability is crucial for remote workers, factors like co-working availability, internet speed and the cost of everyday necessities, such as meals and coffee, also play a significant role,” said a spokesperson from The Perfect Rug in a statement. “Cities with higher rents and fewer co-working spaces create financial challenges for remote workers, even in places with otherwise vibrant work cultures. Balancing these elements is key for making a city truly remote-work-friendly.”

The slideshow above highlights the most expensive cities for remote workers right now.

NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.