Restaurant Startup Cost Comparison

Trenton, NJ vs New York, NY

Trenton, NJ

$82,000 - $325,000

COL Index: 100.8

VS

New York, NY

$129,000 - $518,000

COL Index: 187.2

Detailed Cost Comparison

Expense Trenton, NJ New York, NY Difference
Business Registration & Licenses
$5,400 - $26,200 $5,300 - $17,100 +41%
Commercial Lease (First + Last + Security)
$7,000 - $35,200 $31,300 - $156,500 -78%
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
$19,600 - $78,400 $29,000 - $116,000 -32%
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)
$15,100 - $50,400 $28,100 - $93,600 -46%
Total Estimated Cost $82,000 - $325,000 $129,000 - $518,000 -37%

Local Market Factors

Factor Trenton New York
Cost of Living Index 100.8 187.2
Commercial Rent ($/sqft/yr) $12 - $24 $40 - $120
Labor Rate Index 0.98 1.45
Sales Tax 6.625% 8.875%
Minimum Wage $15.49/hr $16.00/hr
LLC Filing Fee $125 $200

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