Convenience Store Startup Cost Comparison
San Francisco, CA vs New York, NY
San Francisco, CA
$84,000 - $555,000
COL Index: 179.8
VS
New York, NY
$88,000 - $580,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | San Francisco, CA | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Commercial Space & Build-Out
|
$48,900 - $342,400 | $52,200 - $365,200 | -6% |
|
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)
|
$13,500 - $62,900 | $14,000 - $65,500 | -4% |
| Total Estimated Cost | $84,000 - $555,000 | $88,000 - $580,000 | -4% |
Local Market Factors
| Factor | San Francisco | New York |
|---|---|---|
| Cost of Living Index | 179.8 | 187.2 |
| Commercial Rent ($/sqft/yr) | $40 - $110 | $40 - $120 |
| Labor Rate Index | 1.52 | 1.45 |
| Sales Tax | 8.625% | 8.875% |
| Minimum Wage | $18.67/hr | $16.00/hr |
| LLC Filing Fee | $70 | $200 |
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