Aquaponics Farm Startup Cost Comparison

Irvine, CA vs New York, NY

Irvine, CA

$23,000 - $175,000

COL Index: 178.5

VS

New York, NY

$26,000 - $184,000

COL Index: 187.2

Detailed Cost Comparison

Expense Irvine, CA New York, NY Difference
Business Registration & Licenses
$2,800 - $11,100 $5,300 - $17,100 -38%
Aquaponics System & Tanks
$5,000 - $50,000 $5,000 - $50,000 Same
Greenhouse or Growing Structure
$7,100 - $56,800 $7,300 - $58,000 -2%
Fish Stock & Feed
$500 - $5,000 $500 - $5,000 Same
Seeds, Seedlings & Growing Supplies
$500 - $3,000 $500 - $3,000 Same
Water Quality Monitoring & Controls
$1,000 - $8,000 $1,000 - $8,000 Same
Insurance & Marketing
$1,000 - $5,000 $1,000 - $5,000 Same
Working Capital (3 Months)
$5,400 - $35,700 $5,600 - $37,400 -4%
Total Estimated Cost $23,000 - $175,000 $26,000 - $184,000 -6%

Local Market Factors

Factor Irvine New York
Cost of Living Index 178.5 187.2
Commercial Rent ($/sqft/yr) $30 - $60 $40 - $120
Labor Rate Index 1.42 1.45
Sales Tax 7.75% 8.875%
Minimum Wage $16.00/hr $16.00/hr
LLC Filing Fee $70 $200

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