Bar Startup Cost Comparison

Lawrence, KS vs Miami, FL

Lawrence, KS

$78,000 - $316,000

COL Index: 93.2

VS

Miami, FL

$98,000 - $412,000

COL Index: 128.3

Detailed Cost Comparison

Expense Lawrence, KS Miami, FL Difference
Business Registration & Liquor License
$2,000 - $15,000 $2,600 - $15,000 -3%
Commercial Lease (First + Last + Security)
$7,800 - $45,700 $17,600 - $102,700 -56%
Bar Equipment & Fixtures
$15,000 - $60,000 $15,000 - $60,000 Same
Initial Liquor & Beverage Inventory
$8,000 - $25,000 $8,000 - $25,000 Same
Interior Build-Out & Renovation
$21,800 - $87,000 $27,000 - $108,000 -19%
Sound System & Security
$5,000 - $25,000 $5,000 - $25,000 Same
Business Insurance (Annual)
$4,000 - $12,000 $4,000 - $12,000 Same
Working Capital (3 Months)
$14,000 - $46,600 $19,200 - $64,200 -27%
Total Estimated Cost $78,000 - $316,000 $98,000 - $412,000 -23%

Local Market Factors

Factor Lawrence Miami
Cost of Living Index 93.2 128.3
Commercial Rent ($/sqft/yr) $12 - $28 $25 - $65
Labor Rate Index 0.87 1.08
Sales Tax 9.3% 7%
Minimum Wage $7.25/hr $13.00/hr
LLC Filing Fee $160 $125

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