Painting Startup Cost Comparison
Washington, DC vs New York, NY
Washington, DC
$13,000 - $65,000
COL Index: 148.7
VS
New York, NY
$15,000 - $74,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Washington, DC | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$3,800 - $12,300 | $5,300 - $17,100 | -28% |
|
Work Vehicle
|
$2,000 - $15,000 | $2,000 - $15,000 | Same |
|
Painting Equipment & Tools
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Initial Paint & Supplies
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Business Insurance (Annual)
|
$1,000 - $5,000 | $1,000 - $5,000 | Same |
|
Marketing & Lead Generation
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Working Capital (3 Months)
|
$3,000 - $14,900 | $3,700 - $18,700 | -20% |
| Total Estimated Cost | $13,000 - $65,000 | $15,000 - $74,000 | -12% |
Local Market Factors
| Factor | Washington | New York |
|---|---|---|
| Cost of Living Index | 148.7 | 187.2 |
| Commercial Rent ($/sqft/yr) | $30 - $80 | $40 - $120 |
| Labor Rate Index | 1.42 | 1.45 |
| Sales Tax | 6% | 8.875% |
| Minimum Wage | $17.50/hr | $16.00/hr |
| LLC Filing Fee | $99 | $200 |
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