Amazon FBA Business Startup Cost Comparison

Albany, NY vs Miami, FL

Albany, NY

$8,000 - $68,000

COL Index: 93.6

VS

Miami, FL

$9,000 - $75,000

COL Index: 128.3

Detailed Cost Comparison

Expense Albany, NY Miami, FL Difference
Business Registration & Licenses
$2,400 - $8,200 $2,600 - $9,500 -12%
Amazon Seller Account & Fees
$200 - $1,000 $200 - $1,000 Same
Initial Product Inventory
$1,000 - $20,000 $1,000 - $20,000 Same
Product Research & Development
$500 - $5,000 $500 - $5,000 Same
Branding & Packaging
$500 - $5,000 $500 - $5,000 Same
Shipping to Amazon Warehouses
$500 - $5,000 $500 - $5,000 Same
Amazon PPC & Marketing
$1,000 - $10,000 $1,000 - $10,000 Same
Working Capital (3 Months)
$1,900 - $14,000 $2,600 - $19,200 -27%
Total Estimated Cost $8,000 - $68,000 $9,000 - $75,000 -10%

Local Market Factors

Factor Albany Miami
Cost of Living Index 93.6 128.3
Commercial Rent ($/sqft/yr) $10 - $22 $25 - $65
Labor Rate Index 0.94 1.08
Sales Tax 8% 7%
Minimum Wage $15.00/hr $13.00/hr
LLC Filing Fee $200 $125

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