Printing Business Startup Cost Comparison

Orem, UT vs New York, NY

Orem, UT

$46,000 - $228,000

COL Index: 104.8

VS

New York, NY

$72,000 - $353,000

COL Index: 187.2

Detailed Cost Comparison

Expense Orem, UT New York, NY Difference
Business Registration & Licenses
$1,300 - $6,000 $5,300 - $17,100 -67%
Shop Lease (First + Last + Security)
$4,600 - $24,700 $17,400 - $93,900 -74%
Printing Equipment
$20,000 - $100,000 $20,000 - $100,000 Same
Shop Build-Out
$4,900 - $24,500 $7,300 - $36,300 -33%
Paper Stock & Supplies
$3,000 - $15,000 $3,000 - $15,000 Same
Business Insurance (Annual)
$1,500 - $6,000 $1,500 - $6,000 Same
Marketing & Client Acquisition
$2,000 - $10,000 $2,000 - $10,000 Same
Working Capital (3 Months)
$8,400 - $41,900 $15,000 - $74,900 -44%
Total Estimated Cost $46,000 - $228,000 $72,000 - $353,000 -36%

Local Market Factors

Factor Orem New York
Cost of Living Index 104.8 187.2
Commercial Rent ($/sqft/yr) $14 - $28 $40 - $120
Labor Rate Index 0.98 1.45
Sales Tax 7.25% 8.875%
Minimum Wage $7.25/hr $16.00/hr
LLC Filing Fee $54 $200

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