The influence of the location of the lateral boundaries on 2D computation of unsteady incompressible flow past a circular cylinder is investigated. The case of Reynolds number 100 is used as a benchmark, and several quantities characterizing the unsteady flow are obtained for a range of lateral boundary locations. The computations are performed with two distinct finite element formulations - space-time velocity-pressure formulation and velocity-pressure-stress formulation. We conclude that the distance between the cylinder and the lateral boundaries can have a significant effect on the Strouhal number and other flow quantities. The minimum distance at which this influence vanishes has been found to be larger than what is commonly assumed.