Fencing Business Startup Cost Comparison

Davenport, IA vs New York, NY

Davenport, IA

$7,000 - $36,000

COL Index: 86.8

VS

New York, NY

$19,000 - $98,000

COL Index: 187.2

Detailed Cost Comparison

Expense Davenport, IA New York, NY Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$2,700 - $13,500 $13,900 - $69,600 -81%
Initial Supplies & Inventory
$1,500 - $7,500 $1,500 - $7,500 Same
Business Insurance (Annual)
$500 - $3,000 $500 - $3,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$1,300 - $4,300 $2,800 - $9,400 -54%
Total Estimated Cost $7,000 - $36,000 $19,000 - $98,000 -63%

Local Market Factors

Factor Davenport New York
Cost of Living Index 86.8 187.2
Commercial Rent ($/sqft/yr) $9 - $22 $40 - $120
Labor Rate Index 0.8 1.45
Sales Tax 7% 8.875%
Minimum Wage $7.25/hr $16.00/hr
LLC Filing Fee $50 $200

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