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.

By Catherine Clifford

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

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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