Gas Station Startup Cost Comparison

Memphis, TN vs Los Angeles, CA

Memphis, TN

$159,000 - $1,219,000

COL Index: 87.6

VS

Los Angeles, CA

$351,000 - $2,681,000

COL Index: 166.5

Detailed Cost Comparison

Expense Memphis, TN Los Angeles, CA Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$87,000 - $695,700 $250,000 - $2,000,000 -65%
Initial Supplies & Inventory
$37,500 - $300,000 $37,500 - $300,000 Same
Business Insurance (Annual)
$500 - $40,000 $500 - $40,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$32,900 - $175,200 $62,400 - $333,000 -47%
Total Estimated Cost $159,000 - $1,219,000 $351,000 - $2,681,000 -55%

Local Market Factors

Factor Memphis Los Angeles
Cost of Living Index 87.6 166.5
Commercial Rent ($/sqft/yr) $12 - $28 $30 - $85
Labor Rate Index 0.85 1.35
Sales Tax 9.75% 9.5%
Minimum Wage $7.25/hr $16.78/hr
LLC Filing Fee $300 $70

Ready to Start Your Gas Station?

Start your Gas Station LLC in โ€” free registered agent for 1 year.

Form Your LLC for $0 + State Fee โ†’

Trusted by 500,000+ businesses ยท Excellent rating on Trustpilot

Start Your LLC โ€” $0 + State Fee