Startups

Where Startup Costs Are Sky High

Office space can prove detrimentally expensive for startups seeking to establish themselves in major cities worldwide. London's Shoreditch district has been named the costliest creative district worldwide in a report by Knight Frank. Leasing and fitting-out a 600 sq ft office space there would cost $66,706 per year. Brooklyn was named the second most expensive creative district for startups while Mid-Market in Francisco rounded off the top three.

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This chart shows the most expensive 600 sq ft offices located in creative districts.

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Percentage of population involved in business start-ups in Sweden 2023, by age group
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Percentage of population involved in business start-ups in Norway 2023, by gender
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Percentage of population involved in business start-ups in Sweden 2023, by gender
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Percentage of population involved in business start-ups in Norway 2023, by age group
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Early-stage entrepreneurial activity rate in Europe, by country 2023
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Early-stage entrepreneurial activity rate in Asia by country 2023

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