Auto Body Shop Startup Cost Comparison

Omaha, NE vs New York, NY

Omaha, NE

$34,000 - $199,000

COL Index: 92.8

VS

New York, NY

$92,000 - $533,000

COL Index: 187.2

Detailed Cost Comparison

Expense Omaha, NE New York, NY Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$18,700 - $112,200 $69,600 - $417,400 -73%
Initial Supplies & Inventory
$7,500 - $45,000 $7,500 - $45,000 Same
Business Insurance (Annual)
$500 - $6,000 $500 - $6,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$7,000 - $27,800 $14,000 - $56,200 -50%
Total Estimated Cost $34,000 - $199,000 $92,000 - $533,000 -63%

Local Market Factors

Factor Omaha New York
Cost of Living Index 92.8 187.2
Commercial Rent ($/sqft/yr) $13 - $30 $40 - $120
Labor Rate Index 0.88 1.45
Sales Tax 7% 8.875%
Minimum Wage $12.00/hr $16.00/hr
LLC Filing Fee $100 $200

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