GITNUX MARKETDATA REPORT 2024

Statistics About The Average Cost To Start A Food Truck

The average cost to start a food truck is estimated to be between $50,000 and $100,000, with some sources suggesting costs could range up to $200,000 depending on factors such as location and equipment.

Statistic 1

"The average cost to start a small, simple food truck may be around $50,000."

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Statistic 2

"Medium-sized trucks with more amenities can cost between $70,000 to $85,000."

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Statistic 3

"Food truck startup costs can rise up to $250,000 in high cost-of-living cities."

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Statistic 4

"The average monthly cost for food supplies can range from $1,000 to $2,000."

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Statistic 5

"Generally, insurance costs per year can be between $2,000 to $4,000."

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Statistic 6

"Permits, licenses, and state fees can cost up to $1,500 annually."

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Statistic 7

"The average cost to operate a food truck monthly ranges from $1,500 to $2,500."

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Statistic 8

"A new, fully equipped food truck can cost anywhere between $100,000 to $175,000."

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Statistic 9

"Gas can cost food truck owners an average of $500 per month."

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Statistic 10

"Income for food trucks range from $20,000 to $50,000 for two-thirds of vendors."

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Statistic 11

"Upfront costs for a food truck can be between $14,000 to $40,000."

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Statistic 12

"Food truck vending permits in NYC cost about $200 but the waiting list can be as long as 10-15 years or pay up to $20,000 for a permit in the black market."

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