How Much Does It Cost to Start a Business in Yonkers, NY?
Population: 211,569 | Cost of living: 132.8% | Sales tax: 8.875% | Min wage: $16.00
Startup Costs by Industry in Yonkers
| Industry | Estimated Startup Cost | National Average | Local Difference |
|---|---|---|---|
| Accounting Firm | $22,000 - $88,000 | $15,000 - $60,000 | +47% |
| Acupuncture Practice | $11,000 - $65,000 | $10,000 - $60,000 | +9% |
| Affiliate Marketing Business | $4,000 - $19,000 | $500 - $5,000 | +318% |
| After-School Program | $25,000 - $142,000 | $20,000 - $100,000 | +39% |
| AI Consulting Business | $9,000 - $62,000 | $2,000 - $50,000 | +37% |
| Airbnb Rental Business | $13,000 - $63,000 | $10,000 - $50,000 | +27% |
| Amazon FBA Business | $10,000 - $78,000 | $5,000 - $50,000 | +60% |
| App Development | $21,000 - $135,000 | $15,000 - $100,000 | +36% |
| Aquaponics Farm | $22,000 - $161,000 | $20,000 - $150,000 | +8% |
| Arcade & Gaming Center | $102,000 - $613,000 | $100,000 - $500,000 | +19% |
| ATM Business | $5,000 - $54,000 | $3,000 - $30,000 | +79% |
| Auto Detailing | $11,000 - $71,000 | $5,000 - $75,000 | +3% |
| Auto Repair Shop | $64,000 - $345,000 | $50,000 - $300,000 | +17% |
| Axe Throwing Venue | $51,000 - $276,000 | $50,000 - $200,000 | +31% |
| Bakery | $66,000 - $281,000 | $60,000 - $250,000 | +12% |
| Bar | $101,000 - $411,000 | $100,000 - $400,000 | +2% |
| Barbershop | $49,000 - $181,000 | $50,000 - $150,000 | +15% |
| Beauty Supply Store | $30,000 - $145,000 | $30,000 - $150,000 | -3% |
| Bed & Breakfast | $143,000 - $710,000 | $100,000 - $500,000 | +42% |
| Beekeeping Business | $14,000 - $63,000 | $10,000 - $50,000 | +28% |
| Bike Shop | $30,000 - $190,000 | $30,000 - $200,000 | -4% |
| Auto Body Shop | $49,000 - $281,000 | $50,000 - $300,000 | -6% |
| Bookkeeping Service | $3,000 - $18,000 | $2,000 - $10,000 | +75% |
| Bookstore | $50,000 - $216,000 | $40,000 - $200,000 | +11% |
| Boutique | $54,000 - $270,000 | $50,000 - $250,000 | +8% |
| Bowling Alley | $487,000 - $3,145,000 | $500,000 - $3,000,000 | +4% |
| Brewery | $256,000 - $1,436,000 | $250,000 - $1,500,000 | -3% |
| Campground | $135,000 - $1,347,000 | $100,000 - $1,000,000 | +35% |
| Candy Shop | $25,000 - $121,000 | $20,000 - $100,000 | +22% |
| Car Rental Business | $56,000 - $515,000 | $50,000 - $500,000 | +4% |
| Car Wash | $96,000 - $573,000 | $75,000 - $500,000 | +16% |
| Carpentry Business | $23,000 - $113,000 | $15,000 - $75,000 | +51% |
| Carpet Cleaning Business | $6,000 - $38,000 | $5,000 - $30,000 | +26% |
| Catering Business | $30,000 - $150,000 | $20,000 - $125,000 | +24% |
| Chiropractic | $100,000 - $360,000 | $100,000 - $350,000 | +2% |
| Christmas Tree Farm | $31,000 - $187,000 | $20,000 - $100,000 | +82% |
| Cleaning Service | $9,000 - $55,000 | $5,000 - $50,000 | +16% |
| Clothing Store | $25,000 - $145,000 | $25,000 - $150,000 | -3% |
| Coding Bootcamp | $11,000 - $100,000 | $10,000 - $100,000 | +1% |
| Coffee Roastery | $26,000 - $302,000 | $20,000 - $300,000 | +3% |
| Coffee Shop | $72,000 - $284,000 | $80,000 - $300,000 | -6% |
| Computer Repair Business | $6,000 - $38,000 | $5,000 - $30,000 | +26% |
| Concrete Business | $33,000 - $172,000 | $30,000 - $150,000 | +14% |
| Construction Company | $67,000 - $554,000 | $50,000 - $500,000 | +13% |
| Consulting Business | $13,000 - $77,000 | $5,000 - $50,000 | +64% |
| Convenience Store | $55,000 - $356,000 | $50,000 - $350,000 | +3% |
| Courier & Delivery Service | $10,000 - $63,000 | $5,000 - $50,000 | +33% |
| Coworking Space | $97,000 - $464,000 | $100,000 - $500,000 | -7% |
| Cybersecurity Firm | $11,000 - $100,000 | $10,000 - $100,000 | +1% |
| Dance Studio | $36,000 - $169,000 | $30,000 - $150,000 | +14% |
| Daycare | $56,000 - $232,000 | $50,000 - $300,000 | -18% |
| Demolition Company | $67,000 - $303,000 | $50,000 - $250,000 | +23% |
| Dental Practice | $343,000 - $857,000 | $350,000 - $750,000 | +9% |
| Digital Marketing | $12,000 - $75,000 | $5,000 - $50,000 | +58% |
| Distillery | $105,000 - $966,000 | $100,000 - $1,000,000 | -3% |
| Dog Daycare | $48,000 - $350,000 | $40,000 - $350,000 | +2% |
| Dog Grooming Business | $14,000 - $77,000 | $10,000 - $50,000 | +52% |
| Dog Training Business | $6,000 - $35,000 | $2,000 - $20,000 | +86% |
| Dog Walking Business | $5,000 - $17,000 | $500 - $5,000 | +300% |
| Donut Shop | $55,000 - $262,000 | $50,000 - $250,000 | +6% |
| Driving School | $28,000 - $122,000 | $25,000 - $100,000 | +20% |
| Drone Business | $7,000 - $47,000 | $3,000 - $50,000 | +2% |
| Dropshipping Business | $5,000 - $25,000 | $500 - $10,000 | +186% |
| Electrical | $21,000 - $105,000 | $15,000 - $100,000 | +10% |
| Embroidery & Custom Apparel | $11,000 - $56,000 | $10,000 - $50,000 | +12% |
| Escape Room | $61,000 - $400,000 | $50,000 - $300,000 | +32% |
| Etsy Shop | $4,000 - $18,000 | $500 - $5,000 | +300% |
| Event Planning Business | $10,000 - $47,000 | $5,000 - $30,000 | +63% |
| Excavation Business | $92,000 - $411,000 | $80,000 - $350,000 | +17% |
| Farm | $53,000 - $649,000 | $50,000 - $500,000 | +28% |
| Fast Food Franchise | $164,000 - $2,707,000 | $100,000 - $2,500,000 | +10% |
| Fencing Business | $11,000 - $56,000 | $10,000 - $50,000 | +12% |
| Financial Advisory Practice | $11,000 - $56,000 | $10,000 - $50,000 | +12% |
| Fitness Studio | $49,000 - $281,000 | $50,000 - $300,000 | -6% |
| Flooring Business | $16,000 - $84,000 | $10,000 - $60,000 | +43% |
| Flower Shop | $37,000 - $194,000 | $30,000 - $175,000 | +13% |
| Food Delivery Service | $19,000 - $103,000 | $10,000 - $75,000 | +44% |
| Food Truck | $66,000 - $240,000 | $50,000 - $200,000 | +22% |
| Franchise Business | $38,000 - $1,392,000 | $20,000 - $1,000,000 | +40% |
| Garage Door Business | $11,000 - $56,000 | $10,000 - $50,000 | +12% |
| Gas Station | $241,000 - $1,831,000 | $250,000 - $2,000,000 | -8% |
| General Contractor | $37,000 - $221,000 | $30,000 - $200,000 | +12% |
| Ghost Kitchen | $25,000 - $121,000 | $20,000 - $100,000 | +22% |
| Gift Shop | $37,000 - $177,000 | $30,000 - $150,000 | +19% |
| Glamping Business | $20,000 - $190,000 | $20,000 - $200,000 | -5% |
| Graphic Design Business | $8,000 - $34,000 | $3,000 - $20,000 | +83% |
| Greenhouse Business | $31,000 - $235,000 | $30,000 - $200,000 | +16% |
| Grocery Store | $125,000 - $1,637,000 | $80,000 - $2,000,000 | -15% |
| Gym | $99,000 - $488,000 | $50,000 - $500,000 | +7% |
| Hair Salon | $67,000 - $245,000 | $60,000 - $200,000 | +20% |
| Handyman | $12,000 - $56,000 | $5,000 - $40,000 | +51% |
| Home Health Care Agency | $57,000 - $393,000 | $40,000 - $350,000 | +15% |
| Home Inspection Business | $7,000 - $35,000 | $5,000 - $25,000 | +40% |
| Hostel | $49,000 - $281,000 | $50,000 - $300,000 | -6% |
| Hotel | $665,000 - $6,466,000 | $500,000 - $5,000,000 | +30% |
| HVAC | $30,000 - $147,000 | $20,000 - $150,000 | +4% |
| Ice Cream Shop | $60,000 - $316,000 | $50,000 - $300,000 | +7% |
| Insurance Agency | $26,000 - $107,000 | $20,000 - $80,000 | +33% |
| Interior Design Business | $6,000 - $38,000 | $5,000 - $30,000 | +26% |
| IT Services | $20,000 - $112,000 | $15,000 - $100,000 | +15% |
| Jewelry Store | $49,000 - $236,000 | $50,000 - $250,000 | -5% |
| Juice Bar | $47,000 - $220,000 | $40,000 - $200,000 | +11% |
| Junk Removal Business | $6,000 - $56,000 | $5,000 - $50,000 | +13% |
| Landscaping | $17,000 - $90,000 | $10,000 - $80,000 | +19% |
| Language School | $11,000 - $78,000 | $10,000 - $75,000 | +5% |
| Laundromat | $162,000 - $914,000 | $200,000 - $1,000,000 | -10% |
| Lavender Farm | $20,000 - $100,000 | $20,000 - $100,000 | Avg |
| Law Firm | $52,000 - $241,000 | $50,000 - $200,000 | +17% |
| Liquor Store | $105,000 - $403,000 | $100,000 - $400,000 | +2% |
| Locksmith Business | $6,000 - $38,000 | $5,000 - $30,000 | +26% |
| Managed IT Services | $11,000 - $78,000 | $10,000 - $75,000 | +5% |
| Manufacturing Business | $73,000 - $1,199,000 | $50,000 - $1,000,000 | +21% |
| Marketing Agency | $21,000 - $116,000 | $10,000 - $75,000 | +61% |
| Martial Arts Studio | $35,000 - $167,000 | $30,000 - $150,000 | +12% |
| Masonry Business | $22,000 - $107,000 | $15,000 - $80,000 | +36% |
| Massage Therapy Practice | $6,000 - $56,000 | $5,000 - $50,000 | +13% |
| Meal Prep Business | $21,000 - $100,000 | $15,000 - $100,000 | +5% |
| Med Spa | $226,000 - $656,000 | $250,000 - $600,000 | +4% |
| Medical Practice | $116,000 - $669,000 | $70,000 - $500,000 | +38% |
| Microgreens Farm | $3,000 - $21,000 | $2,000 - $15,000 | +41% |
| Mini Golf Course | $107,000 - $617,000 | $100,000 - $500,000 | +21% |
| Mobile Mechanic | $10,000 - $60,000 | $5,000 - $50,000 | +27% |
| Moving Company | $30,000 - $147,000 | $20,000 - $150,000 | +4% |
| Mushroom Farm | $14,000 - $99,000 | $10,000 - $80,000 | +26% |
| Music School | $32,000 - $153,000 | $25,000 - $120,000 | +28% |
| Nail Salon | $43,000 - $169,000 | $40,000 - $150,000 | +12% |
| Notary Business | $2,000 - $15,000 | $1,000 - $5,000 | +183% |
| Plant Nursery | $34,000 - $200,000 | $25,000 - $150,000 | +34% |
| Oil Change Shop | $52,000 - $283,000 | $40,000 - $250,000 | +16% |
| Online Coaching Business | $5,000 - $31,000 | $1,000 - $10,000 | +227% |
| Online Store | $6,000 - $51,000 | $2,000 - $30,000 | +78% |
| Painting | $12,000 - $63,000 | $5,000 - $50,000 | +36% |
| Pawn Shop | $49,000 - $190,000 | $50,000 - $200,000 | -4% |
| Personal Training | $16,000 - $111,000 | $10,000 - $100,000 | +15% |
| Pest Control | $19,000 - $91,000 | $10,000 - $75,000 | +29% |
| Pet Boarding Facility | $61,000 - $551,000 | $50,000 - $500,000 | +11% |
| Pet Sitting Business | $4,000 - $16,000 | $500 - $5,000 | +264% |
| Pet Store | $63,000 - $325,000 | $60,000 - $300,000 | +8% |
| Pharmacy | $316,000 - $1,640,000 | $250,000 - $1,700,000 | Avg |
| Phone Repair Shop | $11,000 - $56,000 | $10,000 - $50,000 | +12% |
| Photography Business | $14,000 - $89,000 | $10,000 - $50,000 | +72% |
| Physical Therapy Clinic | $49,000 - $281,000 | $50,000 - $300,000 | -6% |
| Pilates Studio | $30,000 - $145,000 | $30,000 - $150,000 | -3% |
| Pizza Shop | $80,000 - $309,000 | $75,000 - $300,000 | +4% |
| Plumbing | $20,000 - $102,000 | $15,000 - $100,000 | +6% |
| Podcast Studio | $22,000 - $105,000 | $15,000 - $80,000 | +34% |
| Pool Construction Business | $49,000 - $281,000 | $50,000 - $300,000 | -6% |
| Pool Cleaning & Service | $6,000 - $33,000 | $5,000 - $25,000 | +30% |
| Preschool | $87,000 - $338,000 | $80,000 - $300,000 | +12% |
| Pressure Washing Business | $4,000 - $25,000 | $3,000 - $20,000 | +26% |
| Print-on-Demand Business | $4,000 - $21,000 | $500 - $8,000 | +194% |
| Printing Business | $55,000 - $269,000 | $50,000 - $250,000 | +8% |
| Property Management Company | $9,000 - $47,000 | $5,000 - $50,000 | +2% |
| Real Estate Agency | $35,000 - $146,000 | $25,000 - $100,000 | +45% |
| Real Estate Investment Business | $33,000 - $655,000 | $20,000 - $500,000 | +32% |
| Recording Studio | $51,000 - $239,000 | $50,000 - $200,000 | +16% |
| Restaurant | $98,000 - $384,000 | $75,000 - $250,000 | +48% |
| Retail Store | $48,000 - $270,000 | $50,000 - $250,000 | +6% |
| Roofing | $30,000 - $157,000 | $20,000 - $150,000 | +10% |
| SaaS Company | $30,000 - $223,000 | $25,000 - $200,000 | +12% |
| Security Company | $19,000 - $118,000 | $10,000 - $100,000 | +25% |
| Self-Storage Facility | $491,000 - $5,943,000 | $500,000 - $5,000,000 | +17% |
| Senior Care Facility | $132,000 - $1,358,000 | $100,000 - $1,500,000 | -7% |
| SEO Agency | $13,000 - $76,000 | $5,000 - $50,000 | +62% |
| Sign Shop | $20,000 - $100,000 | $20,000 - $100,000 | Avg |
| Smoke Shop | $30,000 - $145,000 | $30,000 - $150,000 | -3% |
| Solar Installation Business | $49,000 - $281,000 | $50,000 - $300,000 | -6% |
| Spa | $100,000 - $382,000 | $100,000 - $350,000 | +7% |
| Staffing Agency | $44,000 - $193,000 | $30,000 - $150,000 | +32% |
| Subscription Box Business | $10,000 - $67,000 | $5,000 - $50,000 | +40% |
| Swim School | $49,000 - $281,000 | $50,000 - $300,000 | -6% |
| Tanning Salon | $49,000 - $236,000 | $50,000 - $250,000 | -5% |
| Tattoo Shop | $30,000 - $145,000 | $30,000 - $150,000 | -3% |
| Tax Preparation Business | $12,000 - $62,000 | $8,000 - $40,000 | +54% |
| Tech Startup | $26,000 - $195,000 | $20,000 - $150,000 | +30% |
| Thrift Store | $26,000 - $140,000 | $20,000 - $120,000 | +19% |
| Tire Shop | $63,000 - $305,000 | $50,000 - $250,000 | +23% |
| Tour Company | $16,000 - $98,000 | $10,000 - $80,000 | +27% |
| Towing Company | $61,000 - $311,000 | $50,000 - $300,000 | +6% |
| Trampoline Park | $415,000 - $1,922,000 | $500,000 - $2,000,000 | -7% |
| Travel Agency | $10,000 - $53,000 | $5,000 - $30,000 | +80% |
| Tree Service | $16,000 - $100,000 | $15,000 - $100,000 | +1% |
| Trucking Company | $23,000 - $304,000 | $15,000 - $400,000 | -21% |
| Tutoring Business | $6,000 - $27,000 | $2,000 - $15,000 | +94% |
| Used Car Dealer | $55,000 - $370,000 | $50,000 - $350,000 | +6% |
| Vape Shop | $35,000 - $163,000 | $25,000 - $150,000 | +13% |
| Vending Machine Business | $8,000 - $74,000 | $5,000 - $50,000 | +49% |
| Veterinary Clinic | $343,000 - $2,141,000 | $300,000 - $2,000,000 | +8% |
| Videography Business | $16,000 - $75,000 | $10,000 - $60,000 | +30% |
| Virtual Assistant Business | $2,000 - $13,000 | $500 - $3,000 | +329% |
| Waste Management Business | $40,000 - $455,000 | $30,000 - $500,000 | -7% |
| Web Design Business | $7,000 - $37,000 | $3,000 - $25,000 | +57% |
| Wedding Planning Business | $11,000 - $45,000 | $5,000 - $30,000 | +60% |
| Welding Business | $24,000 - $132,000 | $15,000 - $100,000 | +36% |
| Window Cleaning Business | $3,000 - $21,000 | $2,000 - $15,000 | +41% |
| Winery | $91,000 - $1,130,000 | $100,000 - $1,000,000 | +11% |
| Yoga Studio | $56,000 - $219,000 | $50,000 - $200,000 | +10% |
Advertisement
Local Market Factors in Yonkers
132.8%
Cost of Living Index
$22-$48
Commercial Rent ($/sqft/yr)
1.28x
Labor Rate Index
8.875%
Sales Tax Rate
Local Permit Fees in Yonkers
| Permit | Cost Range |
|---|---|
| Business License | $75 - $350 |
| Food Service Permit | $300 - $700 |
| Liquor License | $3,000 - $10,000 |
| General Contractor License | $150 - $500 |
| Home Occupation Permit | $50 - $150 |
About Starting a Business in Yonkers
Yonkers is New York's fourth-largest city, sitting directly north of the Bronx with strong Metro-North rail connections to Manhattan. The city's waterfront revitalization and diverse population of over 200,000 create solid demand for restaurants, retail, and personal services at costs below neighboring NYC.
Advertisement