Moving Company Startup Cost Comparison

Allen, TX vs New York, NY

Allen, TX

$27,000 - $134,000

COL Index: 104.5

VS

New York, NY

$35,000 - $166,000

COL Index: 187.2

Detailed Cost Comparison

Expense Allen, TX New York, NY Difference
Business Registration & Moving Licenses
$1,900 - $6,200 $5,300 - $17,100 -64%
Moving Trucks
$10,000 - $60,000 $10,000 - $60,000 Same
Moving Equipment & Supplies
$2,000 - $8,000 $2,000 - $8,000 Same
Packing Supplies Inventory
$1,000 - $4,000 $1,000 - $4,000 Same
Business & Cargo Insurance (Annual)
$5,000 - $18,000 $5,000 - $18,000 Same
Marketing & Lead Generation
$2,000 - $12,000 $2,000 - $12,000 Same
Working Capital (3 Months)
$5,200 - $26,100 $9,400 - $46,800 -44%
Total Estimated Cost $27,000 - $134,000 $35,000 - $166,000 -20%

Local Market Factors

Factor Allen New York
Cost of Living Index 104.5 187.2
Commercial Rent ($/sqft/yr) $20 - $45 $40 - $120
Labor Rate Index 1.05 1.45
Sales Tax 8.25% 8.875%
Minimum Wage $7.25/hr $16.00/hr
LLC Filing Fee $300 $200

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