Manufacturing Business Startup Cost Comparison
Reno, NV vs New York, NY
Reno, NV
$61,000 - $1,032,000
COL Index: 108.5
VS
New York, NY
$104,000 - $1,710,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Reno, NV | New York, NY | Difference |
|---|---|---|---|
|
Licensing & Compliance
|
$2,000 - $15,000 | $5,300 - $17,100 | -24% |
|
Manufacturing Space
|
$10,000 - $200,000 | $34,800 - $695,700 | -71% |
|
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
|
$5,000 - $50,000 | $7,300 - $72,500 | -31% |
|
Sales & Distribution
|
$3,000 - $20,000 | $3,000 - $20,000 | Same |
|
Working Capital (3-6 Months)
|
$16,300 - $217,000 | $28,100 - $374,400 | -42% |
| Total Estimated Cost | $61,000 - $1,032,000 | $104,000 - $1,710,000 | -40% |
Local Market Factors
| Factor | Reno | New York |
|---|---|---|
| Cost of Living Index | 108.5 | 187.2 |
| Commercial Rent ($/sqft/yr) | $14 - $32 | $40 - $120 |
| Labor Rate Index | 1 | 1.45 |
| Sales Tax | 8.265% | 8.875% |
| Minimum Wage | $12.00/hr | $16.00/hr |
| LLC Filing Fee | $425 | $200 |
View Full Details
Ready to Start Your Manufacturing Business?
Start your Manufacturing Business LLC in — free registered agent for 1 year.
Form Your LLC for $0 + State Fee →Trusted by 500,000+ businesses · Excellent rating on Trustpilot