Sign Shop Startup Cost Comparison

Allen, TX vs New York, NY

Allen, TX

$19,000 - $93,000

COL Index: 104.5

VS

New York, NY

$38,000 - $184,000

COL Index: 187.2

Detailed Cost Comparison

Expense Allen, TX New York, NY Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$11,300 - $56,500 $27,800 - $139,100 -59%
Initial Supplies & Inventory
$3,000 - $15,000 $3,000 - $15,000 Same
Business Insurance (Annual)
$500 - $3,000 $500 - $3,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$3,100 - $10,500 $5,600 - $18,700 -44%
Total Estimated Cost $19,000 - $93,000 $38,000 - $184,000 -50%

Local Market Factors

Factor Allen New York
Cost of Living Index 104.5 187.2
Commercial Rent ($/sqft/yr) $20 - $45 $40 - $120
Labor Rate Index 1.05 1.45
Sales Tax 8.25% 8.875%
Minimum Wage $7.25/hr $16.00/hr
LLC Filing Fee $300 $200

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