Greenhouse Business Startup Cost Comparison

Philadelphia, PA vs New York, NY

Philadelphia, PA

$29,000 - $232,000

COL Index: 114.5

VS

New York, NY

$37,000 - $270,000

COL Index: 187.2

Detailed Cost Comparison

Expense Philadelphia, PA New York, NY Difference
Business Registration & Licenses
$3,600 - $26,600 $5,300 - $17,100 +35%
Greenhouse Structure & Installation
$9,000 - $89,600 $11,600 - $116,000 -23%
Heating, Cooling & Ventilation
$3,000 - $25,000 $3,000 - $25,000 Same
Growing Systems & Benches
$2,000 - $20,000 $2,000 - $20,000 Same
Irrigation & Fertigation
$2,000 - $15,000 $2,000 - $15,000 Same
Seeds, Plugs & Growing Supplies
$2,000 - $15,000 $2,000 - $15,000 Same
Insurance & Marketing
$1,500 - $6,000 $1,500 - $6,000 Same
Working Capital (3 Months)
$5,700 - $34,400 $9,400 - $56,200 -39%
Total Estimated Cost $29,000 - $232,000 $37,000 - $270,000 -15%

Local Market Factors

Factor Philadelphia New York
Cost of Living Index 114.5 187.2
Commercial Rent ($/sqft/yr) $20 - $55 $40 - $120
Labor Rate Index 1.12 1.45
Sales Tax 8% 8.875%
Minimum Wage $7.25/hr $16.00/hr
LLC Filing Fee $125 $200

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