Restaurant Startup Cost Comparison

Long Beach, CA vs New York, NY

Long Beach, CA

$100,000 - $396,000

COL Index: 142.3

VS

New York, NY

$129,000 - $518,000

COL Index: 187.2

Detailed Cost Comparison

Expense Long Beach, CA New York, NY Difference
Business Registration & Licenses
$2,700 - $9,900 $5,300 - $17,100 -44%
Commercial Lease (First + Last + Security)
$15,500 - $77,300 $31,300 - $156,500 -51%
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
$25,600 - $102,400 $29,000 - $116,000 -12%
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)
$21,300 - $71,200 $28,100 - $93,600 -24%
Total Estimated Cost $100,000 - $396,000 $129,000 - $518,000 -23%

Local Market Factors

Factor Long Beach New York
Cost of Living Index 142.3 187.2
Commercial Rent ($/sqft/yr) $24 - $55 $40 - $120
Labor Rate Index 1.28 1.45
Sales Tax 10.25% 8.875%
Minimum Wage $16.00/hr $16.00/hr
LLC Filing Fee $70 $200

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