When comparing the cost of living with those of hostels, living spaces are a more affordable option, especially if you're looking for a longer stay. Hostels usually have rates per night, while living spaces have monthly or weekly rates. Living spaces also offer discounts for longer stays. A living space is similar to a coworking space, but there are bedrooms, as well as shared workspaces, living spaces, and additional facilities.
People who use living spaces generally work remotely or are looking for a quiet place to stay. Usually, there is a personal interest in the community aspect, since those who live there have booked an extended stay. The difference between a PG type accommodation (accommodation for paying guests) and a hostel lies mainly in the configuration and facilities. PGs often offer rooms in private homes or apartments, providing a more homely environment with fewer residents.
Hostels, on the other hand, are usually larger accommodations with several residents in shared rooms, which resemble a communal housing arrangement. Private homes can offer more personalized services, such as home-cooked meals, while hostels often offer basic services with a focus on affordability. Each option is adapted to different preferences and needs: hotel establishments offer a quieter and more independent environment, and hostels promote a social and economic experience. Hostel accommodation and living spaces are the most affordable options for those who want to stay more than a few nights.
If you want a sense of community and a productive workstation, living spaces are the best option because they include a co-working space. Living spaces are often optimal for extended stays, and backpackers who are on the move and only need short-term accommodation often use hostels. Living spaces are fully furnished spaces and residents are not expected to sign a rental agreement, although this varies. The best starting point is to evaluate your needs and objectives and compare them with what hostels and living spaces offer.
