How Much Does It Cost to Start a Business in New Haven, CT?

Population: 134,023 | Cost of living: 113.8% | Sales tax: 6.35% | Min wage: $16.35

Startup Costs by Industry in New Haven

Industry Estimated Startup Cost National Average Local Difference
Accounting Firm $18,000 - $74,000 $15,000 - $60,000 +23%
Acupuncture Practice $9,000 - $53,000 $10,000 - $60,000 -11%
Affiliate Marketing Business $3,000 - $14,000 $500 - $5,000 +209%
After-School Program $21,000 - $119,000 $20,000 - $100,000 +17%
AI Consulting Business $7,000 - $54,000 $2,000 - $50,000 +17%
Airbnb Rental Business $11,000 - $55,000 $10,000 - $50,000 +10%
Amazon FBA Business $8,000 - $70,000 $5,000 - $50,000 +42%
App Development $18,000 - $115,000 $15,000 - $100,000 +16%
Aquaponics Farm $19,000 - $144,000 $20,000 - $150,000 -4%
Arcade & Gaming Center $91,000 - $540,000 $100,000 - $500,000 +5%
ATM Business $5,000 - $53,000 $3,000 - $30,000 +76%
Auto Detailing $9,000 - $65,000 $5,000 - $75,000 -8%
Auto Repair Shop $57,000 - $301,000 $50,000 - $300,000 +2%
Axe Throwing Venue $44,000 - $230,000 $50,000 - $200,000 +10%
Bakery $57,000 - $245,000 $60,000 - $250,000 -3%
Bar $89,000 - $362,000 $100,000 - $400,000 -10%
Barbershop $42,000 - $155,000 $50,000 - $150,000 -2%
Beauty Supply Store $24,000 - $117,000 $30,000 - $150,000 -22%
Bed & Breakfast $115,000 - $569,000 $100,000 - $500,000 +14%
Beekeeping Business $12,000 - $57,000 $10,000 - $50,000 +15%
Bike Shop $24,000 - $154,000 $30,000 - $200,000 -23%
Auto Body Shop $39,000 - $226,000 $50,000 - $300,000 -24%
Bookkeeping Service $3,000 - $18,000 $2,000 - $10,000 +75%
Bookstore $44,000 - $186,000 $40,000 - $200,000 -4%
Boutique $47,000 - $234,000 $50,000 - $250,000 -6%
Bowling Alley $429,000 - $2,721,000 $500,000 - $3,000,000 -10%
Brewery $218,000 - $1,222,000 $250,000 - $1,500,000 -18%
Campground $111,000 - $1,086,000 $100,000 - $1,000,000 +9%
Candy Shop $22,000 - $107,000 $20,000 - $100,000 +8%
Car Rental Business $53,000 - $496,000 $50,000 - $500,000 Avg
Car Wash $83,000 - $510,000 $75,000 - $500,000 +3%
Carpentry Business $20,000 - $101,000 $15,000 - $75,000 +34%
Carpet Cleaning Business $5,000 - $32,000 $5,000 - $30,000 +6%
Catering Business $26,000 - $133,000 $20,000 - $125,000 +10%
Chiropractic $89,000 - $318,000 $100,000 - $350,000 -10%
Christmas Tree Farm $26,000 - $156,000 $20,000 - $100,000 +52%
Cleaning Service $8,000 - $48,000 $5,000 - $50,000 +2%
Clothing Store $20,000 - $117,000 $25,000 - $150,000 -22%
Coding Bootcamp $9,000 - $82,000 $10,000 - $100,000 -17%
Coffee Roastery $23,000 - $273,000 $20,000 - $300,000 -8%
Coffee Shop $64,000 - $249,000 $80,000 - $300,000 -18%
Computer Repair Business $5,000 - $32,000 $5,000 - $30,000 +6%
Concrete Business $31,000 - $161,000 $30,000 - $150,000 +7%
Construction Company $62,000 - $526,000 $50,000 - $500,000 +7%
Consulting Business $11,000 - $68,000 $5,000 - $50,000 +44%
Convenience Store $47,000 - $306,000 $50,000 - $350,000 -12%
Courier & Delivery Service $8,000 - $57,000 $5,000 - $50,000 +18%
Coworking Space $78,000 - $372,000 $100,000 - $500,000 -25%
Cybersecurity Firm $9,000 - $82,000 $10,000 - $100,000 -17%
Dance Studio $30,000 - $140,000 $30,000 - $150,000 -6%
Daycare $47,000 - $194,000 $50,000 - $300,000 -31%
Demolition Company $63,000 - $290,000 $50,000 - $250,000 +18%
Dental Practice $317,000 - $789,000 $350,000 - $750,000 +1%
Digital Marketing $10,000 - $62,000 $5,000 - $50,000 +31%
Distillery $90,000 - $823,000 $100,000 - $1,000,000 -17%
Dog Daycare $38,000 - $272,000 $40,000 - $350,000 -21%
Dog Grooming Business $12,000 - $62,000 $10,000 - $50,000 +23%
Dog Training Business $4,000 - $27,000 $2,000 - $20,000 +41%
Dog Walking Business $3,000 - $11,000 $500 - $5,000 +155%
Donut Shop $47,000 - $226,000 $50,000 - $250,000 -9%
Driving School $25,000 - $109,000 $25,000 - $100,000 +7%
Drone Business $5,000 - $41,000 $3,000 - $50,000 -13%
Dropshipping Business $3,000 - $19,000 $500 - $10,000 +110%
Electrical $19,000 - $97,000 $15,000 - $100,000 +1%
Embroidery & Custom Apparel $9,000 - $46,000 $10,000 - $50,000 -8%
Escape Room $51,000 - $329,000 $50,000 - $300,000 +9%
Etsy Shop $3,000 - $12,000 $500 - $5,000 +173%
Event Planning Business $8,000 - $40,000 $5,000 - $30,000 +37%
Excavation Business $89,000 - $396,000 $80,000 - $350,000 +13%
Farm $46,000 - $541,000 $50,000 - $500,000 +7%
Fast Food Franchise $139,000 - $2,175,000 $100,000 - $2,500,000 -11%
Fencing Business $9,000 - $46,000 $10,000 - $50,000 -8%
Financial Advisory Practice $9,000 - $46,000 $10,000 - $50,000 -8%
Fitness Studio $39,000 - $226,000 $50,000 - $300,000 -24%
Flooring Business $14,000 - $77,000 $10,000 - $60,000 +30%
Flower Shop $32,000 - $167,000 $30,000 - $175,000 -3%
Food Delivery Service $16,000 - $90,000 $10,000 - $75,000 +25%
Food Truck $61,000 - $225,000 $50,000 - $200,000 +14%
Franchise Business $36,000 - $1,147,000 $20,000 - $1,000,000 +16%
Garage Door Business $9,000 - $46,000 $10,000 - $50,000 -8%
Gas Station $192,000 - $1,463,000 $250,000 - $2,000,000 -26%
General Contractor $34,000 - $206,000 $30,000 - $200,000 +4%
Ghost Kitchen $22,000 - $107,000 $20,000 - $100,000 +8%
Gift Shop $32,000 - $151,000 $30,000 - $150,000 +2%
Glamping Business $17,000 - $154,000 $20,000 - $200,000 -22%
Graphic Design Business $7,000 - $28,000 $3,000 - $20,000 +52%
Greenhouse Business $27,000 - $210,000 $30,000 - $200,000 +3%
Grocery Store $107,000 - $1,382,000 $80,000 - $2,000,000 -28%
Gym $87,000 - $428,000 $50,000 - $500,000 -6%
Hair Salon $59,000 - $213,000 $60,000 - $200,000 +5%
Handyman $10,000 - $49,000 $5,000 - $40,000 +31%
Home Health Care Agency $51,000 - $351,000 $40,000 - $350,000 +3%
Home Inspection Business $7,000 - $34,000 $5,000 - $25,000 +37%
Hostel $39,000 - $226,000 $50,000 - $300,000 -24%
Hotel $559,000 - $5,293,000 $500,000 - $5,000,000 +6%
HVAC $28,000 - $137,000 $20,000 - $150,000 -3%
Ice Cream Shop $53,000 - $280,000 $50,000 - $300,000 -5%
Insurance Agency $22,000 - $90,000 $20,000 - $80,000 +12%
Interior Design Business $5,000 - $32,000 $5,000 - $30,000 +6%
IT Services $17,000 - $102,000 $15,000 - $100,000 +3%
Jewelry Store $39,000 - $190,000 $50,000 - $250,000 -24%
Juice Bar $40,000 - $191,000 $40,000 - $200,000 -4%
Junk Removal Business $5,000 - $46,000 $5,000 - $50,000 -7%
Landscaping $15,000 - $82,000 $10,000 - $80,000 +8%
Language School $9,000 - $64,000 $10,000 - $75,000 -14%
Laundromat $146,000 - $808,000 $200,000 - $1,000,000 -21%
Lavender Farm $17,000 - $82,000 $20,000 - $100,000 -18%
Law Firm $44,000 - $204,000 $50,000 - $200,000 -1%
Liquor Store $90,000 - $346,000 $100,000 - $400,000 -13%
Locksmith Business $5,000 - $32,000 $5,000 - $30,000 +6%
Managed IT Services $9,000 - $64,000 $10,000 - $75,000 -14%
Manufacturing Business $64,000 - $1,069,000 $50,000 - $1,000,000 +8%
Marketing Agency $18,000 - $99,000 $10,000 - $75,000 +38%
Martial Arts Studio $29,000 - $140,000 $30,000 - $150,000 -6%
Masonry Business $20,000 - $99,000 $15,000 - $80,000 +25%
Massage Therapy Practice $5,000 - $46,000 $5,000 - $50,000 -7%
Meal Prep Business $18,000 - $86,000 $15,000 - $100,000 -10%
Med Spa $206,000 - $596,000 $250,000 - $600,000 -6%
Medical Practice $100,000 - $571,000 $70,000 - $500,000 +18%
Microgreens Farm $3,000 - $21,000 $2,000 - $15,000 +41%
Mini Golf Course $90,000 - $509,000 $100,000 - $500,000 Avg
Mobile Mechanic $8,000 - $54,000 $5,000 - $50,000 +13%
Moving Company $28,000 - $137,000 $20,000 - $150,000 -3%
Mushroom Farm $11,000 - $81,000 $10,000 - $80,000 +2%
Music School $27,000 - $130,000 $25,000 - $120,000 +8%
Nail Salon $37,000 - $146,000 $40,000 - $150,000 -4%
Notary Business $2,000 - $14,000 $1,000 - $5,000 +167%
Plant Nursery $29,000 - $169,000 $25,000 - $150,000 +13%
Oil Change Shop $45,000 - $244,000 $40,000 - $250,000 Avg
Online Coaching Business $4,000 - $25,000 $1,000 - $10,000 +164%
Online Store $4,000 - $46,000 $2,000 - $30,000 +56%
Painting $10,000 - $56,000 $5,000 - $50,000 +20%
Pawn Shop $39,000 - $154,000 $50,000 - $200,000 -23%
Personal Training $14,000 - $94,000 $10,000 - $100,000 -2%
Pest Control $17,000 - $83,000 $10,000 - $75,000 +18%
Pet Boarding Facility $49,000 - $429,000 $50,000 - $500,000 -13%
Pet Sitting Business $3,000 - $10,000 $500 - $5,000 +136%
Pet Store $55,000 - $281,000 $60,000 - $300,000 -7%
Pharmacy $282,000 - $1,463,000 $250,000 - $1,700,000 -11%
Phone Repair Shop $9,000 - $46,000 $10,000 - $50,000 -8%
Photography Business $13,000 - $77,000 $10,000 - $50,000 +50%
Physical Therapy Clinic $39,000 - $226,000 $50,000 - $300,000 -24%
Pilates Studio $24,000 - $117,000 $30,000 - $150,000 -22%
Pizza Shop $69,000 - $266,000 $75,000 - $300,000 -11%
Plumbing $17,000 - $94,000 $15,000 - $100,000 -3%
Podcast Studio $18,000 - $88,000 $15,000 - $80,000 +12%
Pool Construction Business $39,000 - $226,000 $50,000 - $300,000 -24%
Pool Cleaning & Service $5,000 - $29,000 $5,000 - $25,000 +13%
Preschool $74,000 - $288,000 $80,000 - $300,000 -5%
Pressure Washing Business $3,000 - $24,000 $3,000 - $20,000 +17%
Print-on-Demand Business $3,000 - $16,000 $500 - $8,000 +124%
Printing Business $49,000 - $240,000 $50,000 - $250,000 -4%
Property Management Company $7,000 - $36,000 $5,000 - $50,000 -22%
Real Estate Agency $29,000 - $123,000 $25,000 - $100,000 +22%
Real Estate Investment Business $28,000 - $507,000 $20,000 - $500,000 +3%
Recording Studio $44,000 - $208,000 $50,000 - $200,000 +1%
Restaurant $86,000 - $336,000 $75,000 - $250,000 +30%
Retail Store $42,000 - $231,000 $50,000 - $250,000 -9%
Roofing $28,000 - $146,000 $20,000 - $150,000 +2%
SaaS Company $26,000 - $208,000 $25,000 - $200,000 +4%
Security Company $17,000 - $110,000 $10,000 - $100,000 +15%
Self-Storage Facility $384,000 - $4,522,000 $500,000 - $5,000,000 -11%
Senior Care Facility $112,000 - $1,103,000 $100,000 - $1,500,000 -24%
SEO Agency $11,000 - $63,000 $5,000 - $50,000 +35%
Sign Shop $17,000 - $82,000 $20,000 - $100,000 -18%
Smoke Shop $24,000 - $117,000 $30,000 - $150,000 -22%
Solar Installation Business $39,000 - $226,000 $50,000 - $300,000 -24%
Spa $88,000 - $332,000 $100,000 - $350,000 -7%
Staffing Agency $37,000 - $165,000 $30,000 - $150,000 +12%
Subscription Box Business $8,000 - $60,000 $5,000 - $50,000 +24%
Swim School $39,000 - $226,000 $50,000 - $300,000 -24%
Tanning Salon $39,000 - $190,000 $50,000 - $250,000 -24%
Tattoo Shop $24,000 - $117,000 $30,000 - $150,000 -22%
Tax Preparation Business $10,000 - $51,000 $8,000 - $40,000 +27%
Tech Startup $22,000 - $168,000 $20,000 - $150,000 +12%
Thrift Store $21,000 - $114,000 $20,000 - $120,000 -4%
Tire Shop $56,000 - $267,000 $50,000 - $250,000 +8%
Tour Company $14,000 - $90,000 $10,000 - $80,000 +16%
Towing Company $55,000 - $284,000 $50,000 - $300,000 -3%
Trampoline Park $364,000 - $1,677,000 $500,000 - $2,000,000 -18%
Travel Agency $8,000 - $43,000 $5,000 - $30,000 +46%
Tree Service $13,000 - $82,000 $15,000 - $100,000 -17%
Trucking Company $22,000 - $297,000 $15,000 - $400,000 -23%
Tutoring Business $4,000 - $21,000 $2,000 - $15,000 +47%
Used Car Dealer $49,000 - $334,000 $50,000 - $350,000 -4%
Vape Shop $30,000 - $139,000 $25,000 - $150,000 -3%
Vending Machine Business $8,000 - $73,000 $5,000 - $50,000 +47%
Veterinary Clinic $289,000 - $1,755,000 $300,000 - $2,000,000 -11%
Videography Business $14,000 - $68,000 $10,000 - $60,000 +17%
Virtual Assistant Business $2,000 - $13,000 $500 - $3,000 +329%
Waste Management Business $37,000 - $440,000 $30,000 - $500,000 -10%
Web Design Business $5,000 - $32,000 $3,000 - $25,000 +32%
Wedding Planning Business $9,000 - $38,000 $5,000 - $30,000 +34%
Welding Business $21,000 - $117,000 $15,000 - $100,000 +20%
Window Cleaning Business $3,000 - $21,000 $2,000 - $15,000 +41%
Winery $80,000 - $958,000 $100,000 - $1,000,000 -6%
Yoga Studio $47,000 - $184,000 $50,000 - $200,000 -8%
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Local Market Factors in New Haven

113.8%

Cost of Living Index

$16-$35

Commercial Rent ($/sqft/yr)

1.1x

Labor Rate Index

6.35%

Sales Tax Rate

Local Permit Fees in New Haven

PermitCost Range
Business License $75 - $300
Food Service Permit $250 - $600
Liquor License $1,500 - $5,000
General Contractor License $150 - $500
Home Occupation Permit $25 - $100

About Starting a Business in New Haven

New Haven is home to Yale University, which drives a vibrant innovation ecosystem in biotech, healthcare, and education technology. The city's renowned restaurant scene -- including its famous pizza culture -- supports a thriving food and hospitality industry.

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