Brewery Startup Cost Comparison

Palm Coast, FL vs New York, NY

Palm Coast, FL

$192,000 - $1,080,000

COL Index: 97.3

VS

New York, NY

$423,000 - $2,398,000

COL Index: 187.2

Detailed Cost Comparison

Expense Palm Coast, FL New York, NY Difference
Business Registration & Licenses
$500 - $5,000 $500 - $5,000 Same
Commercial Space & Build-Out
$63,600 - $381,500 $260,900 - $1,565,200 -76%
Equipment & Fixtures
$62,500 - $375,000 $62,500 - $375,000 Same
Initial Inventory & Supplies
$25,000 - $150,000 $25,000 - $150,000 Same
Business Insurance (Annual)
$2,000 - $12,000 $2,000 - $12,000 Same
Marketing & Grand Opening
$2,000 - $10,000 $2,000 - $10,000 Same
Working Capital (3 Months)
$36,500 - $146,000 $70,200 - $280,800 -48%
Total Estimated Cost $192,000 - $1,080,000 $423,000 - $2,398,000 -55%

Local Market Factors

Factor Palm Coast New York
Cost of Living Index 97.3 187.2
Commercial Rent ($/sqft/yr) $13 - $26 $40 - $120
Labor Rate Index 0.92 1.45
Sales Tax 7% 8.875%
Minimum Wage $13.00/hr $16.00/hr
LLC Filing Fee $125 $200

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