App Development Startup Cost Comparison
North Las Vegas, NV vs New York, NY
North Las Vegas, NV
$17,000 - $107,000
COL Index: 100.2
VS
New York, NY
$27,000 - $194,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | North Las Vegas, NV | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Legal
|
$1,600 - $6,700 | $5,300 - $17,100 | -63% |
|
Development Hardware
|
$3,000 - $15,000 | $3,000 - $15,000 | Same |
|
Software & Developer Tools
|
$1,000 - $8,000 | $1,000 - $8,000 | Same |
|
Office or Coworking Space
|
$0 - $15,700 | $0 - $62,600 | -75% |
|
Portfolio & Spec Projects
|
$0 - $10,000 | $0 - $10,000 | Same |
|
Business Insurance (Annual)
|
$1,000 - $4,000 | $1,000 - $4,000 | Same |
|
Marketing & Business Development
|
$2,000 - $12,000 | $2,000 - $12,000 | Same |
|
Working Capital (3 Months)
|
$8,000 - $35,100 | $15,000 - $65,500 | -46% |
| Total Estimated Cost | $17,000 - $107,000 | $27,000 - $194,000 | -44% |
Local Market Factors
| Factor | North Las Vegas | New York |
|---|---|---|
| Cost of Living Index | 100.2 | 187.2 |
| Commercial Rent ($/sqft/yr) | $12 - $28 | $40 - $120 |
| Labor Rate Index | 0.92 | 1.45 |
| Sales Tax | 8.375% | 8.875% |
| Minimum Wage | $12.00/hr | $16.00/hr |
| LLC Filing Fee | $425 | $200 |
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