Pizza Shop Startup Cost Comparison
Providence, RI vs New York, NY
Providence, RI
$65,000 - $254,000
COL Index: 106.3
VS
New York, NY
$130,000 - $501,000
COL Index: 187.2
Detailed Cost Comparison
| Expense | Providence, RI | New York, NY | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Commercial Space & Build-Out
|
$22,500 - $90,000 | $78,300 - $313,000 | -71% |
|
Equipment & Fixtures
|
$18,800 - $75,000 | $18,800 - $75,000 | Same |
|
Initial Inventory & Supplies
|
$7,500 - $30,000 | $7,500 - $30,000 | Same |
|
Business Insurance (Annual)
|
$2,000 - $12,000 | $2,000 - $12,000 | Same |
|
Marketing & Grand Opening
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Working Capital (3 Months)
|
$12,000 - $31,900 | $21,100 - $56,200 | -43% |
| Total Estimated Cost | $65,000 - $254,000 | $130,000 - $501,000 | -49% |
Local Market Factors
| Factor | Providence | New York |
|---|---|---|
| Cost of Living Index | 106.3 | 187.2 |
| Commercial Rent ($/sqft/yr) | $14 - $32 | $40 - $120 |
| Labor Rate Index | 1.05 | 1.45 |
| Sales Tax | 7% | 8.875% |
| Minimum Wage | $15.00/hr | $16.00/hr |
| LLC Filing Fee | $150 | $200 |
View Full Details
Ready to Start Your Pizza Shop?
Start your Pizza Shop LLC in — free registered agent for 1 year.
Form Your LLC for $0 + State Fee →Trusted by 500,000+ businesses · Excellent rating on Trustpilot