Restaurant Startup Cost Comparison

Cape Coral, FL vs New York, NY

Cape Coral, FL

$78,000 - $306,000

COL Index: 99.2

VS

New York, NY

$129,000 - $518,000

COL Index: 187.2

Detailed Cost Comparison

Expense Cape Coral, FL New York, NY Difference
Business Registration & Licenses
$1,400 - $5,200 $5,300 - $17,100 -71%
Commercial Lease (First + Last + Security)
$8,200 - $41,100 $31,300 - $156,500 -74%
Kitchen Equipment & Fixtures
$25,000 - $100,000 $25,000 - $100,000 Same
Initial Food & Beverage Inventory
$5,000 - $15,000 $5,000 - $15,000 Same
Interior Build-Out & Renovation
$18,800 - $75,200 $29,000 - $116,000 -35%
Business Insurance (Annual)
$3,000 - $10,000 $3,000 - $10,000 Same
Marketing & Grand Opening
$2,000 - $10,000 $2,000 - $10,000 Same
Working Capital (3 Months)
$14,900 - $49,600 $28,100 - $93,600 -47%
Total Estimated Cost $78,000 - $306,000 $129,000 - $518,000 -41%

Local Market Factors

Factor Cape Coral New York
Cost of Living Index 99.2 187.2
Commercial Rent ($/sqft/yr) $14 - $28 $40 - $120
Labor Rate Index 0.94 1.45
Sales Tax 6.5% 8.875%
Minimum Wage $13.00/hr $16.00/hr
LLC Filing Fee $125 $200

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