Welding Business Startup Cost Comparison

North Las Vegas, NV vs New York, NY

North Las Vegas, NV

$20,000 - $111,000

COL Index: 100.2

VS

New York, NY

$31,000 - $182,000

COL Index: 187.2

Detailed Cost Comparison

Expense North Las Vegas, NV New York, NY Difference
Business Registration & Certifications
$1,600 - $6,700 $5,300 - $17,100 -63%
Welding Machines & Equipment
$5,000 - $30,000 $5,000 - $30,000 Same
Shop or Workspace
$1,700 - $17,400 $7,000 - $69,600 -75%
Fabrication Tools
$2,000 - $12,000 $2,000 - $12,000 Same
Safety Equipment & PPE
$500 - $2,000 $500 - $2,000 Same
Work Vehicle & Mobile Rig
$5,000 - $25,000 $5,000 - $25,000 Same
Business Insurance (Annual)
$2,000 - $8,000 $2,000 - $8,000 Same
Working Capital (3 Months)
$2,000 - $10,000 $3,700 - $18,700 -46%
Total Estimated Cost $20,000 - $111,000 $31,000 - $182,000 -38%

Local Market Factors

Factor North Las Vegas New York
Cost of Living Index 100.2 187.2
Commercial Rent ($/sqft/yr) $12 - $28 $40 - $120
Labor Rate Index 0.92 1.45
Sales Tax 8.375% 8.875%
Minimum Wage $12.00/hr $16.00/hr
LLC Filing Fee $425 $200

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