Convenience Store Startup Cost Comparison
Portland, ME vs Los Angeles, CA
Portland, ME
$46,000 - $299,000
COL Index: 114.2
VS
Los Angeles, CA
$72,000 - $470,000
COL Index: 166.5
Detailed Cost Comparison
| Expense | Portland, ME | Los Angeles, CA | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Commercial Space & Build-Out
|
$15,700 - $109,600 | $37,500 - $262,500 | -58% |
|
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)
|
$8,600 - $40,000 | $12,500 - $58,300 | -31% |
| Total Estimated Cost | $46,000 - $299,000 | $72,000 - $470,000 | -36% |
Local Market Factors
| Factor | Portland | Los Angeles |
|---|---|---|
| Cost of Living Index | 114.2 | 166.5 |
| Commercial Rent ($/sqft/yr) | $16 - $32 | $30 - $85 |
| Labor Rate Index | 1.04 | 1.35 |
| Sales Tax | 5.5% | 9.5% |
| Minimum Wage | $14.15/hr | $16.78/hr |
| LLC Filing Fee | $175 | $70 |
View Full Details
Ready to Start Your Convenience Store?
Start your Convenience Store LLC in — free registered agent for 1 year.
Form Your LLC for $0 + State Fee →Trusted by 500,000+ businesses · Excellent rating on Trustpilot