Bar Startup Cost Comparison

Anchorage, AK vs Los Angeles, CA

Anchorage, AK

$94,000 - $377,000

COL Index: 132.5

VS

Los Angeles, CA

$117,000 - $487,000

COL Index: 166.5

Detailed Cost Comparison

Expense Anchorage, AK Los Angeles, CA Difference
Business Registration & Liquor License
$3,100 - $15,000 $4,000 - $15,000 -5%
Commercial Lease (First + Last + Security)
$8,800 - $51,400 $22,500 - $131,300 -61%
Bar Equipment & Fixtures
$15,000 - $60,000 $15,000 - $60,000 Same
Initial Liquor & Beverage Inventory
$8,000 - $25,000 $8,000 - $25,000 Same
Interior Build-Out & Renovation
$30,500 - $122,000 $33,800 - $135,000 -10%
Sound System & Security
$5,000 - $25,000 $5,000 - $25,000 Same
Business Insurance (Annual)
$4,000 - $12,000 $4,000 - $12,000 Same
Working Capital (3 Months)
$19,900 - $66,300 $25,000 - $83,300 -20%
Total Estimated Cost $94,000 - $377,000 $117,000 - $487,000 -22%

Local Market Factors

Factor Anchorage Los Angeles
Cost of Living Index 132.5 166.5
Commercial Rent ($/sqft/yr) $15 - $30 $30 - $85
Labor Rate Index 1.22 1.35
Sales Tax 0% 9.5%
Minimum Wage $11.73/hr $16.78/hr
LLC Filing Fee $250 $70

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