Accounting Firm Startup Cost Comparison
Las Vegas, NV vs Miami, FL
Las Vegas, NV
$19,000 - $79,000
COL Index: 105.8
VS
Miami, FL
$22,000 - $92,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Las Vegas, NV | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,700 - $9,900 | $2,600 - $9,500 | +4% |
|
CPA License & Certifications
|
$1,000 - $4,000 | $1,000 - $4,000 | Same |
|
Office Lease (First + Last + Security)
|
$4,100 - $20,500 | $5,900 - $29,300 | -30% |
|
Computers & Office Equipment
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Accounting Software & Subscriptions
|
$1,500 - $5,000 | $1,500 - $5,000 | Same |
|
Professional Liability Insurance (Annual)
|
$1,200 - $5,000 | $1,200 - $5,000 | Same |
|
Marketing & Client Acquisition
|
$1,500 - $8,000 | $1,500 - $8,000 | Same |
|
Working Capital (3 Months)
|
$5,300 - $19,000 | $6,400 - $23,100 | -18% |
| Total Estimated Cost | $19,000 - $79,000 | $22,000 - $92,000 | -14% |
Local Market Factors
| Factor | Las Vegas | Miami |
|---|---|---|
| Cost of Living Index | 105.8 | 128.3 |
| Commercial Rent ($/sqft/yr) | $18 - $45 | $25 - $65 |
| Labor Rate Index | 1.02 | 1.08 |
| Sales Tax | 8.375% | 7% |
| Minimum Wage | $12.00/hr | $13.00/hr |
| LLC Filing Fee | $75 | $125 |
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