Manufacturing Business Startup Cost Comparison
New York, NY vs Houston, TX
New York, NY
$104,000 - $1,710,000
COL Index: 187.2
VS
Houston, TX
$63,000 - $1,078,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | New York, NY | Houston, TX | Difference |
|---|---|---|---|
|
Licensing & Compliance
|
$5,300 - $17,100 | $2,000 - $15,000 | +32% |
|
Manufacturing Space
|
$34,800 - $695,700 | $13,700 - $273,900 | +154% |
|
Manufacturing Equipment
|
$15,000 - $400,000 | $15,000 - $400,000 | Same |
|
Initial Raw Materials
|
$5,000 - $100,000 | $5,000 - $100,000 | Same |
|
Insurance & Compliance
|
$5,000 - $30,000 | $5,000 - $30,000 | Same |
|
Production Staff & Training
|
$7,300 - $72,500 | $4,600 - $46,000 | +58% |
|
Sales & Distribution
|
$3,000 - $20,000 | $3,000 - $20,000 | Same |
|
Working Capital (3-6 Months)
|
$28,100 - $374,400 | $14,500 - $193,000 | +94% |
| Total Estimated Cost | $104,000 - $1,710,000 | $63,000 - $1,078,000 | +59% |
Local Market Factors
| Factor | New York | Houston |
|---|---|---|
| Cost of Living Index | 187.2 | 96.5 |
| Commercial Rent ($/sqft/yr) | $40 - $120 | $18 - $45 |
| Labor Rate Index | 1.45 | 0.92 |
| Sales Tax | 8.875% | 8.25% |
| Minimum Wage | $16.00/hr | $7.25/hr |
| LLC Filing Fee | $200 | $300 |
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