Coffee Shop Startup Cost Comparison
Austin, TX vs New York, NY
Austin, TX
$66,000 - $263,000
COL Index: 105.2
VS
New York, NY
$94,000 - $377,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Austin, TX | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,000 - $6,600 | $5,300 - $17,100 | -62% |
|
Commercial Lease (First + Last + Security)
|
$10,000 - $50,200 | $20,900 - $104,300 | -52% |
|
Espresso Machines & Equipment
|
$20,000 - $80,000 | $20,000 - $80,000 | Same |
|
Initial Coffee & Food Inventory
|
$3,000 - $8,000 | $3,000 - $8,000 | Same |
|
Interior Build-Out & Renovation
|
$16,500 - $66,000 | $21,800 - $87,000 | -24% |
|
Business Insurance (Annual)
|
$2,000 - $7,000 | $2,000 - $7,000 | Same |
|
Marketing & Grand Opening
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Working Capital (3 Months)
|
$10,500 - $36,800 | $18,700 - $65,500 | -44% |
| Total Estimated Cost | $66,000 - $263,000 | $94,000 - $377,000 | -30% |
Local Market Factors
| Factor | Austin | New York |
|---|---|---|
| Cost of Living Index | 105.2 | 187.2 |
| Commercial Rent ($/sqft/yr) | $22 - $55 | $40 - $120 |
| Labor Rate Index | 1.1 | 1.45 |
| Sales Tax | 8.25% | 8.875% |
| Minimum Wage | $7.25/hr | $16.00/hr |
| LLC Filing Fee | $300 | $200 |
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