Juice Bar Startup Cost Comparison
Racine, WI vs New York, NY
Racine, WI
$33,000 - $156,000
COL Index: 89.5
VS
New York, NY
$63,000 - $291,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Racine, WI | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$700 - $2,800 | $5,300 - $17,100 | -84% |
|
Commercial Lease (First + Last + Security)
|
$3,000 - $14,200 | $15,700 - $73,000 | -81% |
|
Juicing & Blending Equipment
|
$10,000 - $50,000 | $10,000 - $50,000 | Same |
|
Initial Produce & Supplies
|
$2,000 - $6,000 | $2,000 - $6,000 | Same |
|
Interior Build-Out & Design
|
$6,600 - $45,700 | $11,600 - $79,800 | -43% |
|
Business Insurance (Annual)
|
$1,500 - $4,500 | $1,500 - $4,500 | Same |
|
Marketing & Launch
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Working Capital (3 Months)
|
$7,200 - $25,100 | $15,000 - $52,400 | -52% |
| Total Estimated Cost | $33,000 - $156,000 | $63,000 - $291,000 | -47% |
Local Market Factors
| Factor | Racine | New York |
|---|---|---|
| Cost of Living Index | 89.5 | 187.2 |
| Commercial Rent ($/sqft/yr) | $9 - $22 | $40 - $120 |
| Labor Rate Index | 0.83 | 1.45 |
| Sales Tax | 5.5% | 8.875% |
| Minimum Wage | $7.25/hr | $16.00/hr |
| LLC Filing Fee | $130 | $200 |
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