Oil Change Shop Startup Cost Comparison
Federal Way, WA vs New York, NY
Federal Way, WA
$44,000 - $241,000
COL Index: 115.2
VS
New York, NY
$73,000 - $400,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Federal Way, WA | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,000 - $7,400 | $5,300 - $17,100 | -58% |
|
Facility Lease (First + Last + Security)
|
$7,800 - $47,000 | $26,100 - $156,500 | -70% |
|
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
|
$8,600 - $64,800 | $11,600 - $87,000 | -26% |
|
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)
|
$6,900 - $28,800 | $11,200 - $46,800 | -38% |
| Total Estimated Cost | $44,000 - $241,000 | $73,000 - $400,000 | -40% |
Local Market Factors
| Factor | Federal Way | New York |
|---|---|---|
| Cost of Living Index | 115.2 | 187.2 |
| Commercial Rent ($/sqft/yr) | $16 - $32 | $40 - $120 |
| Labor Rate Index | 1.08 | 1.45 |
| Sales Tax | 10.1% | 8.875% |
| Minimum Wage | $16.28/hr | $16.00/hr |
| LLC Filing Fee | $180 | $200 |
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