From New York to Zurich: How Startup Costs Compare in Cities Across the Globe (Infographic)

Take a look at the hiring and office-rental costs associated with setting up your tech startup in these cities across the world.

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By Catherine Clifford

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Thinking of setting up shop in another country?

It would cost almost $315,000 a year to run a small tech startup in Zurich – nearly seven times as much as it would cost you in Manila, the capital of the Philippines, according to the infographic below compiled by global recruitment online platform Staff.com. That's a high price to pay for being surrounded by (admittedly delicious) chocolate.

Related: Count It: How Many Times These Business Leaders Tried Before They Succeeded (Infographic)

Sydney is the second most expensive city for launching a startup, costing over $310,000 a year. And New York City came in as the third most expensive town at just below $300,000.

Estimates are based on the cost of renting one small office and hiring two web developers and a web designer for a year.

Check it out.

Click to Enlarge+

From New York to Zurich How Startup Costs Compare in Cities Across the Globe (Infographic)

Source: Staff

Catherine Clifford

Senior Entrepreneurship Writer at CNBC

Catherine Clifford is senior entrepreneurship writer at CNBC. She was formerly a senior writer at Entrepreneur.com, the small business reporter at CNNMoney and an assistant in the New York bureau for CNN. Clifford attended Columbia University where she earned a bachelor's degree. She lives in Brooklyn, N.Y. You can follow her on Twitter at @CatClifford.

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