Winery Startup Cost Comparison

Canton, OH vs New York, NY

Canton, OH

$66,000 - $734,000

COL Index: 85.8

VS

New York, NY

$125,000 - $1,821,000

COL Index: 187.2

Detailed Cost Comparison

Expense Canton, OH New York, NY Difference
Business Registration & Alcohol Licenses
$2,000 - $10,000 $5,300 - $17,100 -46%
Vineyard or Grape Supply
$6,100 - $182,600 $34,800 - $1,043,500 -83%
Winemaking Equipment
$20,000 - $200,000 $20,000 - $200,000 Same
Barrels & Storage
$5,000 - $80,000 $5,000 - $80,000 Same
Tasting Room Build-Out
$7,800 - $78,000 $14,500 - $145,000 -46%
Bottles, Labels & Packaging
$3,000 - $30,000 $3,000 - $30,000 Same
Winery Insurance (Annual)
$5,000 - $25,000 $5,000 - $25,000 Same
Working Capital (12 Months)
$17,200 - $128,700 $37,400 - $280,800 -54%
Total Estimated Cost $66,000 - $734,000 $125,000 - $1,821,000 -59%

Local Market Factors

Factor Canton New York
Cost of Living Index 85.8 187.2
Commercial Rent ($/sqft/yr) $8 - $20 $40 - $120
Labor Rate Index 0.78 1.45
Sales Tax 7.25% 8.875%
Minimum Wage $10.45/hr $16.00/hr
LLC Filing Fee $99 $200

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