Coworking Space Startup Cost Comparison

Arlington, TX vs New York, NY

Arlington, TX

$69,000 - $331,000

COL Index: 93.5

VS

New York, NY

$183,000 - $882,000

COL Index: 187.2

Detailed Cost Comparison

Expense Arlington, TX New York, NY Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$38,300 - $191,300 $139,100 - $695,700 -72%
Initial Supplies & Inventory
$15,000 - $75,000 $15,000 - $75,000 Same
Business Insurance (Annual)
$500 - $10,000 $500 - $10,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$14,000 - $46,800 $28,100 - $93,600 -50%
Total Estimated Cost $69,000 - $331,000 $183,000 - $882,000 -62%

Local Market Factors

Factor Arlington New York
Cost of Living Index 93.5 187.2
Commercial Rent ($/sqft/yr) $14 - $30 $40 - $120
Labor Rate Index 0.92 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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