Distillery Startup Cost Comparison
Fort Wayne, IN vs New York, NY
Fort Wayne, IN
$72,000 - $658,000
COL Index: 85.5
VS
New York, NY
$172,000 - $1,608,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Fort Wayne, IN | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Commercial Space & Build-Out
|
$19,600 - $195,700 | $104,300 - $1,043,500 | -81% |
|
Equipment & Fixtures
|
$25,000 - $250,000 | $25,000 - $250,000 | Same |
|
Initial Inventory & Supplies
|
$10,000 - $100,000 | $10,000 - $100,000 | 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)
|
$12,800 - $85,500 | $28,100 - $187,200 | -54% |
| Total Estimated Cost | $72,000 - $658,000 | $172,000 - $1,608,000 | -59% |
Local Market Factors
| Factor | Fort Wayne | New York |
|---|---|---|
| Cost of Living Index | 85.5 | 187.2 |
| Commercial Rent ($/sqft/yr) | $10 - $20 | $40 - $120 |
| Labor Rate Index | 0.84 | 1.45 |
| Sales Tax | 7% | 8.875% |
| Minimum Wage | $7.25/hr | $16.00/hr |
| LLC Filing Fee | $95 | $200 |
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