Aquaponics Farm Startup Cost Comparison

Savannah, GA vs Miami, FL

Savannah, GA

$17,000 - $134,000

COL Index: 96.2

VS

Miami, FL

$20,000 - $149,000

COL Index: 128.3

Detailed Cost Comparison

Expense Savannah, GA Miami, FL Difference
Business Registration & Licenses
$1,900 - $7,200 $2,600 - $9,500 -25%
Aquaponics System & Tanks
$5,000 - $50,000 $5,000 - $50,000 Same
Greenhouse or Growing Structure
$4,600 - $36,800 $5,400 - $43,200 -15%
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)
$2,900 - $19,200 $3,800 - $25,700 -25%
Total Estimated Cost $17,000 - $134,000 $20,000 - $149,000 -11%

Local Market Factors

Factor Savannah Miami
Cost of Living Index 96.2 128.3
Commercial Rent ($/sqft/yr) $14 - $30 $25 - $65
Labor Rate Index 0.92 1.08
Sales Tax 7% 7%
Minimum Wage $7.25/hr $13.00/hr
LLC Filing Fee $100 $125

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