12 markets · 29 published prices ·
Wholesale colocation pricing: $/kW per month by market
Wholesale colocation sells committed IT load in blocks of 250 kW and up on multi-year terms, priced per kW per month and excluding metered electricity. The table benchmarks 12 markets from published broker research; 4 more markets ship with the next release once a published figure exists.
What is the wholesale colocation price per kW?
For 250–500 kW requirements, asking rents are $196 per kW per month on average in primary North American markets, $215 in Chicago, $250 in Frankfurt, $280 in Tokyo, $295 in Hong Kong, $188 in Sydney and $403 in Singapore (H2 2025 – Q2 2026, CBRE). Latin American markets range from $160 in São Paulo to $260 in Querétaro. London, Amsterdam and Paris sit inside the published European range of $165–265 without a city average.
Wholesale benchmarks by market
Committed IT load, USD per kW per month, excluding metered power; 250–500 kW requirement unless the market note says otherwise. Midpoints of published ranges are marked in the note.
| Market | $/kW/mo | Published range | YoY | Source | Note |
|---|---|---|---|---|---|
| Singapore | $403 | $330–475 | — | CBRE, Global Data Center Trends 2026 | |
| Hong Kong | $295 | — | — | CBRE, Global Data Center Trends 2026 (17 June 2026) | Q1 2026 average, up from $270 a year earlier |
| Tokyo | $280 | — | 0% | CBRE, Global Data Center Trends 2026 (17 June 2026) | Published average; CBRE reports rents stable year over year |
| Querétaro | $260 | $250–270 | 0% | CBRE, Global Data Center Trends 2026 (17 June 2026) | |
| Frankfurt | $250 | $235–265 | — | CBRE, Global Data Center Trends 2026 (17 June 2026) | 250–500 kW requirement; midpoint of the published range |
| Chicago | $215 | $200–230 | +14.7% | CBRE, Global Data Center Trends 2026 (17 June 2026) | 250–500 kW requirement; midpoint of the published range |
| Santiago | $200 | $190–210 | 0% | CBRE, Global Data Center Trends 2026 (17 June 2026) | |
| North America (avg) | $196 | — | +6.5% | CBRE, North America Data Center Trends H2 2025 | |
| Bogotá | $190 | $150–230 | 0% | CBRE, Global Data Center Trends 2026 (17 June 2026) | |
| Sydney | $188 | — | 0% | CBRE, Global Data Center Trends 2026 (17 June 2026) | Published average; CBRE reports rents stable year over year |
| Northern Virginia (Ashburn) | $173 | $160–185 | +1.5% | CBRE, North America Data Center Trends H1 2026 (10MW+ blocks) | |
| São Paulo | $160 | $130–190 | 0% | CBRE, Global Data Center Trends 2026 (17 June 2026) | 250–500 kW requirement; midpoint of the published range |
Markets without a published average
Thailand (Bangkok), London, Amsterdam, Paris — the source publishes a regional range or nothing yet, so no city average is shown. Expected with the Q4 2026 release.
Colocation cost calculator
Wholesale: committed kW × market benchmark. Retail: list price of the closest published product. Results are order-of-magnitude, not a quote.
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What the colocation price includes — and what it does not
- Included in the base fee: rack or cabinet space, a committed power circuit, cooling, physical security, and usually a basic remote-hands allowance.
- Billed separately: metered electricity above the allowance (or a per-kWh rate on retail contracts), cross-connects, IP transit, additional remote hands, and one-off setup or installation fees.
- Wholesale contracts add annual escalators, ramp schedules and power-commitment minimums; retail contracts add overage rates and bandwidth caps. Compare providers on the same committed kW, density, term and connectivity.
See also
Weekly digest: price moves, capacity and deals in one email.
FAQ
Why do wholesale and retail colocation prices look so different?
They price different things. Wholesale is $/kW of committed IT load on 3–15 year terms with electricity metered on top; retail is a fixed monthly fee per unit or cabinet with a small power allowance and a port bundled. A full cabinet at $600 per month with 2 kW works out near $300–700 per kW all-in, well above the $196 wholesale benchmark, because it includes power, port and service.
Which colocation market is the most expensive?
Singapore, at $403 per kW per month (H2 2025 – Q2 2026), followed by Hong Kong ($295) and Tokyo ($280). Singapore's capacity is rationed through government allocation, so vacancy stays near zero and asking rents stay roughly double the North American average.
Are these prices quotes I can hold an operator to?
No. Wholesale figures are published broker benchmarks for asking rents; retail figures are operators' own list prices on the check date and can change or be limited in availability. Use them to set expectations and to check a quote, then request a proposal for your exact power, space, term and connectivity.
How is the retail price list built?
Only from rate cards operators publish on their own websites, recorded with the source URL and the date checked. Operators that quote on request are simply absent. No operator pays for inclusion, and the list is not a ranking.
How often are colocation prices updated here?
Wholesale benchmarks follow the quarterly release of the Colocation Price Index (Q3 2026); retail rate cards are re-checked with each release and when an operator changes its published price.
Get comparable colocation quotes
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