Aquaponics Farm Startup Cost Comparison

Clearwater, FL vs New York, NY

Clearwater, FL

$18,000 - $138,000

COL Index: 103.8

VS

New York, NY

$26,000 - $184,000

COL Index: 187.2

Detailed Cost Comparison

Expense Clearwater, FL New York, NY Difference
Business Registration & Licenses
$1,900 - $6,600 $5,300 - $17,100 -62%
Aquaponics System & Tanks
$5,000 - $50,000 $5,000 - $50,000 Same
Greenhouse or Growing Structure
$4,900 - $39,200 $7,300 - $58,000 -32%
Fish Stock & Feed
$500 - $5,000 $500 - $5,000 Same
Seeds, Seedlings & Growing Supplies
$500 - $3,000 $500 - $3,000 Same
Water Quality Monitoring & Controls
$1,000 - $8,000 $1,000 - $8,000 Same
Insurance & Marketing
$1,000 - $5,000 $1,000 - $5,000 Same
Working Capital (3 Months)
$3,100 - $20,800 $5,600 - $37,400 -44%
Total Estimated Cost $18,000 - $138,000 $26,000 - $184,000 -26%

Local Market Factors

Factor Clearwater New York
Cost of Living Index 103.8 187.2
Commercial Rent ($/sqft/yr) $16 - $34 $40 - $120
Labor Rate Index 0.98 1.45
Sales Tax 7.5% 8.875%
Minimum Wage $13.00/hr $16.00/hr
LLC Filing Fee $125 $200

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