Food Truck Startup Cost Comparison
Salem, OR vs New York, NY
Salem, OR
$59,000 - $219,000
COL Index: 104.2
VS
New York, NY
$82,000 - $289,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Salem, OR | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,900 - $7,100 | $5,300 - $17,100 | -60% |
|
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)
|
$5,200 - $15,700 | $20,900 - $62,600 | -75% |
|
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)
|
$5,200 - $15,600 | $9,400 - $28,100 | -45% |
| Total Estimated Cost | $59,000 - $219,000 | $82,000 - $289,000 | -25% |
Local Market Factors
| Factor | Salem | New York |
|---|---|---|
| Cost of Living Index | 104.2 | 187.2 |
| Commercial Rent ($/sqft/yr) | $12 - $28 | $40 - $120 |
| Labor Rate Index | 0.95 | 1.45 |
| Sales Tax | 0% | 8.875% |
| Minimum Wage | $14.70/hr | $16.00/hr |
| LLC Filing Fee | $100 | $200 |
View Full Details
Ready to Start Your Food Truck?
Start your Food Truck LLC in — free registered agent for 1 year.
Form Your LLC for $0 + State Fee →Trusted by 500,000+ businesses · Excellent rating on Trustpilot