Convenience Store Startup Cost Comparison

Carlsbad, CA vs New York, NY

Carlsbad, CA

$62,000 - $400,000

COL Index: 155.6

VS

New York, NY

$88,000 - $580,000

COL Index: 187.2

Detailed Cost Comparison

Expense Carlsbad, CA New York, NY Difference
Business Registration & Licenses
$500 - $5,000 $500 - $5,000 Same
Commercial Space & Build-Out
$28,000 - $196,300 $52,200 - $365,200 -46%
Equipment & Fixtures
$12,500 - $87,500 $12,500 - $87,500 Same
Initial Inventory & Supplies
$5,000 - $35,000 $5,000 - $35,000 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)
$11,700 - $54,500 $14,000 - $65,500 -17%
Total Estimated Cost $62,000 - $400,000 $88,000 - $580,000 -31%

Local Market Factors

Factor Carlsbad New York
Cost of Living Index 155.6 187.2
Commercial Rent ($/sqft/yr) $28 - $58 $40 - $120
Labor Rate Index 1.3 1.45
Sales Tax 8.25% 8.875%
Minimum Wage $16.00/hr $16.00/hr
LLC Filing Fee $70 $200

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