Construction Company Startup Cost Comparison
Las Vegas, NV vs New York, NY
Las Vegas, NV
$61,000 - $514,000
COL Index: 105.8
VS
New York, NY
$80,000 - $638,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Las Vegas, NV | New York, NY | Difference |
|---|---|---|---|
|
Licensing & Contractor License
|
$2,700 - $15,000 | $5,300 - $17,100 | -21% |
|
Heavy Equipment & Tools
|
$15,000 - $200,000 | $15,000 - $200,000 | Same |
|
Trucks & Vehicles
|
$10,000 - $80,000 | $10,000 - $80,000 | Same |
|
Insurance & Bonding
|
$8,000 - $40,000 | $8,000 - $40,000 | Same |
|
Project Management & Estimating
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Marketing & Bid Preparation
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Working Capital (3-6 Months)
|
$21,200 - $158,700 | $37,400 - $280,800 | -43% |
| Total Estimated Cost | $61,000 - $514,000 | $80,000 - $638,000 | -20% |
Local Market Factors
| Factor | Las Vegas | New York |
|---|---|---|
| Cost of Living Index | 105.8 | 187.2 |
| Commercial Rent ($/sqft/yr) | $18 - $45 | $40 - $120 |
| Labor Rate Index | 1.02 | 1.45 |
| Sales Tax | 8.375% | 8.875% |
| Minimum Wage | $12.00/hr | $16.00/hr |
| LLC Filing Fee | $75 | $200 |
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