Ice Cream Shop Startup Cost Comparison

Riverside, CA vs New York, NY

Riverside, CA

$51,000 - $267,000

COL Index: 112.8

VS

New York, NY

$78,000 - $404,000

COL Index: 187.2

Detailed Cost Comparison

Expense Riverside, CA New York, NY Difference
Business Registration & Licenses
$1,600 - $6,300 $5,300 - $17,100 -65%
Commercial Lease (First + Last + Security)
$5,000 - $27,000 $17,400 - $93,900 -71%
Ice Cream Equipment & Fixtures
$20,000 - $100,000 $20,000 - $100,000 Same
Initial Ingredients & Supplies
$2,000 - $8,000 $2,000 - $8,000 Same
Interior Build-Out & Design
$9,800 - $78,400 $14,500 - $116,000 -32%
Business Insurance (Annual)
$1,500 - $5,000 $1,500 - $5,000 Same
Marketing & Grand Opening
$2,000 - $8,000 $2,000 - $8,000 Same
Working Capital (3 Months)
$9,000 - $33,800 $15,000 - $56,200 -40%
Total Estimated Cost $51,000 - $267,000 $78,000 - $404,000 -34%

Local Market Factors

Factor Riverside New York
Cost of Living Index 112.8 187.2
Commercial Rent ($/sqft/yr) $14 - $32 $40 - $120
Labor Rate Index 0.98 1.45
Sales Tax 8.75% 8.875%
Minimum Wage $16.00/hr $16.00/hr
LLC Filing Fee $70 $200

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