Restaurant Startup Cost Comparison

St. Louis, MO vs New York, NY

St. Louis, MO

$75,000 - $297,000

COL Index: 90.8

VS

New York, NY

$129,000 - $518,000

COL Index: 187.2

Detailed Cost Comparison

Expense St. Louis, MO New York, NY Difference
Business Registration & Licenses
$800 - $5,000 $5,300 - $17,100 -74%
Commercial Lease (First + Last + Security)
$7,800 - $39,100 $31,300 - $156,500 -75%
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
$18,000 - $72,000 $29,000 - $116,000 -38%
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)
$13,600 - $45,400 $28,100 - $93,600 -52%
Total Estimated Cost $75,000 - $297,000 $129,000 - $518,000 -43%

Local Market Factors

Factor St. Louis New York
Cost of Living Index 90.8 187.2
Commercial Rent ($/sqft/yr) $12 - $28 $40 - $120
Labor Rate Index 0.9 1.45
Sales Tax 9.679% 8.875%
Minimum Wage $12.30/hr $16.00/hr
LLC Filing Fee $50 $200

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