Tech Startup Startup Cost Comparison

Medford, OR vs New York, NY

Medford, OR

$21,000 - $157,000

COL Index: 104.8

VS

New York, NY

$33,000 - $280,000

COL Index: 187.2

Detailed Cost Comparison

Expense Medford, OR New York, NY Difference
Incorporation & Legal Formation
$1,900 - $7,200 $5,300 - $17,100 -59%
Legal & Intellectual Property
$2,000 - $15,000 $2,000 - $15,000 Same
Computers & Hardware
$3,000 - $15,000 $3,000 - $15,000 Same
Software & Cloud Services
$1,000 - $12,000 $1,000 - $12,000 Same
Office or Coworking Space (Optional)
$0 - $19,800 $0 - $83,500 -76%
Marketing & Product Launch
$2,000 - $20,000 $2,000 - $20,000 Same
Business Insurance
$1,000 - $5,000 $1,000 - $5,000 Same
Working Capital & Runway (3-6 months)
$10,500 - $62,900 $18,700 - $112,300 -44%
Total Estimated Cost $21,000 - $157,000 $33,000 - $280,000 -43%

Local Market Factors

Factor Medford New York
Cost of Living Index 104.8 187.2
Commercial Rent ($/sqft/yr) $12 - $26 $40 - $120
Labor Rate Index 0.95 1.45
Sales Tax 0% 8.875%
Minimum Wage $14.70/hr $16.00/hr
LLC Filing Fee $100 $200

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