How Much Does Start a Restaurant Cost in Minneapolis, MN?
Total cost to open a new restaurant from scratch. Updated March 2026 with data from BLS, U.S. Census Bureau, and industry surveys.
Typical Cost Range
$185.500 – $795.000
+6% vs national average
$185.500$490.250$795.000
LowNational avg: $462.500High
Minneapolis vs State & National Average
| Category | Minneapolis | Minnesota Avg | National Avg |
|---|---|---|---|
| Average cost | $490.250 | $488.863 | $462.500 |
| Low estimate | $185.500 | $366.647 | $346.875 |
| High estimate | $795.000 | $635.522 | $601.250 |
Detailed Cost Breakdown
| Item | Low | High | |
|---|---|---|---|
| Lease deposit & first months | $15.900 | $63.600 | |
| Kitchen equipment | $42.400 | $212.000 | |
| Interior buildout & renovation | $53.000 | $265.000 | |
| Licenses, permits & legal | $5.300 | $26.500 | |
| Initial inventory & supplies | $10.600 | $31.800 | |
| Marketing & branding | $5.300 | $21.200 | |
| Working capital (3 months) | $31.800 | $106.000 |
Start a Restaurant in Nearby Cities
Frequently Asked Questions
How much does start a restaurant cost in Minneapolis?
In Minneapolis, MN, start a restaurant typically costs between $185.500 and $795.000. The average is $490.250, which is 6% above the national average.
Is Minneapolis expensive for start a restaurant?
Minneapolis has a cost-of-living index of 106 (100 = national average). Start a Restaurant costs are 6% higher than the national average of $462.500.
What factors affect start a restaurant costs in Minneapolis?
Key factors include local labor costs, cost of materials, market competition, Minnesota state regulations, and Minneapolis's overall cost of living (index: 106/100). Prices can also vary by season and specific requirements.