After-School Program Startup Cost Comparison

Greenville, NC vs Miami, FL

Greenville, NC

$17,000 - $97,000

COL Index: 89.5

VS

Miami, FL

$25,000 - $146,000

COL Index: 128.3

Detailed Cost Comparison

Expense Greenville, NC Miami, FL Difference
Business Registration & Licensing
$800 - $3,900 $2,600 - $9,500 -61%
Facility Lease (First + Last + Security)
$2,200 - $17,700 $5,900 - $47,000 -62%
Space Setup & Renovation
$2,500 - $14,800 $3,200 - $19,400 -23%
Equipment & Supplies
$3,000 - $12,000 $3,000 - $12,000 Same
Business Insurance (Annual)
$2,000 - $8,000 $2,000 - $8,000 Same
Transportation (Optional)
$0 - $12,000 $0 - $12,000 Same
Marketing & Parent Outreach
$1,500 - $6,000 $1,500 - $6,000 Same
Working Capital (3 Months)
$4,500 - $22,400 $6,400 - $32,100 -30%
Total Estimated Cost $17,000 - $97,000 $25,000 - $146,000 -33%

Local Market Factors

Factor Greenville Miami
Cost of Living Index 89.5 128.3
Commercial Rent ($/sqft/yr) $10 - $24 $25 - $65
Labor Rate Index 0.82 1.08
Sales Tax 7% 7%
Minimum Wage $7.25/hr $13.00/hr
LLC Filing Fee $125 $125

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