Oil Change Shop Startup Cost Comparison

Dallas, TX vs New York, NY

Dallas, TX

$47,000 - $255,000

COL Index: 103.1

VS

New York, NY

$73,000 - $400,000

COL Index: 187.2

Detailed Cost Comparison

Expense Dallas, TX New York, NY Difference
Business Registration & Licenses
$2,000 - $6,500 $5,300 - $17,100 -62%
Facility Lease (First + Last + Security)
$11,100 - $66,500 $26,100 - $156,500 -58%
Service Equipment
$10,000 - $50,000 $10,000 - $50,000 Same
Initial Oil & Fluid Inventory
$3,000 - $15,000 $3,000 - $15,000 Same
Facility Build-Out
$8,400 - $63,000 $11,600 - $87,000 -28%
Waste Oil Management System
$2,000 - $10,000 $2,000 - $10,000 Same
Business Insurance (Annual)
$2,500 - $10,000 $2,500 - $10,000 Same
Marketing & Signage
$1,500 - $8,000 $1,500 - $8,000 Same
Working Capital (3 Months)
$6,200 - $25,800 $11,200 - $46,800 -45%
Total Estimated Cost $47,000 - $255,000 $73,000 - $400,000 -36%

Local Market Factors

Factor Dallas New York
Cost of Living Index 103.1 187.2
Commercial Rent ($/sqft/yr) $18 - $50 $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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