Aquaponics Farm Startup Cost Comparison

Naperville, IL vs New York, NY

Naperville, IL

$18,000 - $144,000

COL Index: 112.5

VS

New York, NY

$26,000 - $184,000

COL Index: 187.2

Detailed Cost Comparison

Expense Naperville, IL New York, NY Difference
Business Registration & Licenses
$1,400 - $6,200 $5,300 - $17,100 -66%
Aquaponics System & Tanks
$5,000 - $50,000 $5,000 - $50,000 Same
Greenhouse or Growing Structure
$5,500 - $44,000 $7,300 - $58,000 -24%
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)
$3,400 - $22,500 $5,600 - $37,400 -40%
Total Estimated Cost $18,000 - $144,000 $26,000 - $184,000 -23%

Local Market Factors

Factor Naperville New York
Cost of Living Index 112.5 187.2
Commercial Rent ($/sqft/yr) $20 - $42 $40 - $120
Labor Rate Index 1.1 1.45
Sales Tax 7.75% 8.875%
Minimum Wage $14.00/hr $16.00/hr
LLC Filing Fee $150 $200

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