Bakery Startup Cost Comparison

Tacoma, WA vs New York, NY

Tacoma, WA

$58,000 - $251,000

COL Index: 118.5

VS

New York, NY

$87,000 - $375,000

COL Index: 187.2

Detailed Cost Comparison

Expense Tacoma, WA New York, NY Difference
Business Registration & Licenses
$2,100 - $8,500 $5,300 - $17,100 -53%
Commercial Lease (First + Last + Security)
$7,000 - $35,200 $20,900 - $104,300 -66%
Baking Equipment & Fixtures
$15,000 - $75,000 $15,000 - $75,000 Same
Initial Ingredients & Packaging
$2,000 - $6,000 $2,000 - $6,000 Same
Interior Build-Out & Kitchen Renovation
$16,500 - $71,500 $21,800 - $94,300 -24%
Business Insurance (Annual)
$2,000 - $6,000 $2,000 - $6,000 Same
Marketing & Grand Opening
$1,500 - $7,000 $1,500 - $7,000 Same
Working Capital (3 Months)
$11,900 - $41,500 $18,700 - $65,500 -37%
Total Estimated Cost $58,000 - $251,000 $87,000 - $375,000 -33%

Local Market Factors

Factor Tacoma New York
Cost of Living Index 118.5 187.2
Commercial Rent ($/sqft/yr) $16 - $38 $40 - $120
Labor Rate Index 1.1 1.45
Sales Tax 10.2% 8.875%
Minimum Wage $16.28/hr $16.00/hr
LLC Filing Fee $180 $200

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