Auto Body Shop Startup Cost Comparison

Henderson, NV vs Miami, FL

Henderson, NV

$40,000 - $232,000

COL Index: 107.5

VS

Miami, FL

$57,000 - $332,000

COL Index: 128.3

Detailed Cost Comparison

Expense Henderson, NV Miami, FL Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$23,500 - $140,900 $39,100 - $234,800 -40%
Initial Supplies & Inventory
$7,500 - $45,000 $7,500 - $45,000 Same
Business Insurance (Annual)
$500 - $6,000 $500 - $6,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$8,100 - $32,300 $9,600 - $38,500 -16%
Total Estimated Cost $40,000 - $232,000 $57,000 - $332,000 -30%

Local Market Factors

Factor Henderson Miami
Cost of Living Index 107.5 128.3
Commercial Rent ($/sqft/yr) $16 - $38 $25 - $65
Labor Rate Index 1.02 1.08
Sales Tax 8.375% 7%
Minimum Wage $12.00/hr $13.00/hr
LLC Filing Fee $425 $125

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