After-School Program Startup Cost Comparison

Syracuse, NY vs Miami, FL

Syracuse, NY

$18,000 - $96,000

COL Index: 86.2

VS

Miami, FL

$25,000 - $146,000

COL Index: 128.3

Detailed Cost Comparison

Expense Syracuse, NY Miami, FL Difference
Business Registration & Licensing
$2,400 - $7,100 $2,600 - $9,500 -21%
Facility Lease (First + Last + Security)
$1,700 - $13,600 $5,900 - $47,000 -71%
Space Setup & Renovation
$2,600 - $15,800 $3,200 - $19,400 -19%
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)
$4,300 - $21,600 $6,400 - $32,100 -33%
Total Estimated Cost $18,000 - $96,000 $25,000 - $146,000 -33%

Local Market Factors

Factor Syracuse Miami
Cost of Living Index 86.2 128.3
Commercial Rent ($/sqft/yr) $8 - $18 $25 - $65
Labor Rate Index 0.88 1.08
Sales Tax 8% 7%
Minimum Wage $15.00/hr $13.00/hr
LLC Filing Fee $200 $125

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