Plant Nursery Startup Cost Comparison

Charleston, WV vs New York, NY

Charleston, WV

$21,000 - $127,000

COL Index: 80.4

VS

New York, NY

$49,000 - $299,000

COL Index: 187.2

Detailed Cost Comparison

Expense Charleston, WV New York, NY Difference
Business Registration & Licenses
$700 - $3,800 $5,300 - $17,100 -80%
Land Lease or Property
$2,600 - $20,900 $17,400 - $139,100 -85%
Initial Plant Inventory
$5,000 - $35,000 $5,000 - $35,000 Same
Shade Houses, Hoop Houses & Retail Building
$4,100 - $24,600 $7,300 - $43,500 -44%
Irrigation System
$2,000 - $12,000 $2,000 - $12,000 Same
Equipment & Supplies
$2,000 - $10,000 $2,000 - $10,000 Same
Marketing & Signage
$1,000 - $5,000 $1,000 - $5,000 Same
Working Capital (3 Months)
$4,000 - $16,100 $9,400 - $37,400 -57%
Total Estimated Cost $21,000 - $127,000 $49,000 - $299,000 -57%

Local Market Factors

Factor Charleston New York
Cost of Living Index 80.4 187.2
Commercial Rent ($/sqft/yr) $8 - $16 $40 - $120
Labor Rate Index 0.82 1.45
Sales Tax 7% 8.875%
Minimum Wage $8.75/hr $16.00/hr
LLC Filing Fee $100 $200

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