Food Truck Startup Cost Comparison

Flagstaff, AZ vs New York, NY

Flagstaff, AZ

$61,000 - $224,000

COL Index: 115.5

VS

New York, NY

$82,000 - $289,000

COL Index: 187.2

Detailed Cost Comparison

Expense Flagstaff, AZ New York, NY Difference
Business Registration & Licenses
$1,600 - $6,100 $5,300 - $17,100 -66%
Food Truck Vehicle
$30,000 - $120,000 $30,000 - $120,000 Same
Kitchen Equipment
$10,000 - $40,000 $10,000 - $40,000 Same
Initial Food Inventory
$1,500 - $5,000 $1,500 - $5,000 Same
Commissary Kitchen (Annual)
$6,700 - $20,000 $20,900 - $62,600 -68%
Business & Vehicle Insurance (Annual)
$3,000 - $8,000 $3,000 - $8,000 Same
Marketing & Branding
$2,000 - $8,000 $2,000 - $8,000 Same
Working Capital (3 Months)
$5,800 - $17,300 $9,400 - $28,100 -38%
Total Estimated Cost $61,000 - $224,000 $82,000 - $289,000 -23%

Local Market Factors

Factor Flagstaff New York
Cost of Living Index 115.5 187.2
Commercial Rent ($/sqft/yr) $16 - $35 $40 - $120
Labor Rate Index 1.02 1.45
Sales Tax 9.18% 8.875%
Minimum Wage $17.40/hr $16.00/hr
LLC Filing Fee $50 $200

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