Candy Shop Startup Cost Comparison
Evansville, IN vs New York, NY
Evansville, IN
$17,000 - $87,000
COL Index: 83
VS
New York, NY
$38,000 - $185,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Evansville, IN | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Commercial Space & Build-Out
|
$3,400 - $17,000 | $20,900 - $104,300 | -84% |
|
Equipment & Fixtures
|
$5,000 - $25,000 | $5,000 - $25,000 | Same |
|
Initial Inventory & Supplies
|
$2,000 - $10,000 | $2,000 - $10,000 | 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)
|
$2,500 - $8,300 | $5,600 - $18,700 | -56% |
| Total Estimated Cost | $17,000 - $87,000 | $38,000 - $185,000 | -53% |
Local Market Factors
| Factor | Evansville | New York |
|---|---|---|
| Cost of Living Index | 83 | 187.2 |
| Commercial Rent ($/sqft/yr) | $8 - $18 | $40 - $120 |
| Labor Rate Index | 0.82 | 1.45 |
| Sales Tax | 7% | 8.875% |
| Minimum Wage | $7.25/hr | $16.00/hr |
| LLC Filing Fee | $95 | $200 |
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