Restaurant Startup Cost Comparison

Syracuse, NY vs Los Angeles, CA

Syracuse, NY

$73,000 - $281,000

COL Index: 86.2

VS

Los Angeles, CA

$114,000 - $453,000

COL Index: 166.5

Detailed Cost Comparison

Expense Syracuse, NY Los Angeles, CA Difference
Business Registration & Licenses
$2,400 - $7,100 $4,000 - $14,400 -48%
Commercial Lease (First + Last + Security)
$5,100 - $25,400 $22,500 - $112,500 -77%
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
$17,600 - $70,400 $27,000 - $108,000 -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)
$12,900 - $43,100 $25,000 - $83,300 -48%
Total Estimated Cost $73,000 - $281,000 $114,000 - $453,000 -38%

Local Market Factors

Factor Syracuse Los Angeles
Cost of Living Index 86.2 166.5
Commercial Rent ($/sqft/yr) $8 - $18 $30 - $85
Labor Rate Index 0.88 1.35
Sales Tax 8% 9.5%
Minimum Wage $15.00/hr $16.78/hr
LLC Filing Fee $200 $70

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