Startup Costs in North Dakota
North Dakota has one of the lowest state income tax rates in the country and affordable operating costs. Fargo is a growing tech hub with a surprisingly active startup scene. The state's small population limits the market size for most consumer businesses, but low competition can be an advantage. Energy sector fluctuations affect the broader economy.
North Dakota (ND) by the Numbers
$135
$50
2.50%
5.00%
$7.25/hr
0.92x
0.90x
0.75x
What North Dakota's Numbers Mean for Founders
- State income tax caps at 2.50%.
- Labor costs are 10% below the national average, a margin advantage for service and retail operations.
- Commercial rent is 25% below the national average, which gives you more square footage for your budget.
- Minimum wage is the federal floor of $7.25/hour, keeping entry-level payroll low.
North Dakota Cost Guides (10)
Bakery
How much does it cost to start a bakery in North Dakota? Expect $13,000-$217,500. North Dakota-speci
Cleaning Business
How much does it cost to start a cleaning business in North Dakota? Expect $1,300-$13,000. North Dak
Coffee Shop
Starting a coffee shop in North Dakota costs $22,000-$261,000. Full North Dakota cost breakdown with
Dog Grooming Business
Starting a dog grooming business in North Dakota costs $4,400-$87,000. Full North Dakota cost breakd
Food Truck
North Dakota food truck startup costs: $24,500-$99,000. Complete guide to North Dakota licensing, hi
Gym
How much does it cost to start a gym in North Dakota? Expect $43,500-$435,500. North Dakota-specific
Landscaping Business
How much does it cost to start a landscaping business in North Dakota? Expect $4,400-$43,500. North
Personal Training Studio
Starting a personal training studio in North Dakota costs $17,500-$87,000. Full North Dakota cost br
Pressure Washing Business
North Dakota pressure washing business startup costs: $2,600-$17,500. Complete guide to North Dakota
Restaurant
North Dakota restaurant startup costs: $152,500-$653,000. Complete guide to North Dakota licensing,