Boutique Startup Cost Comparison
Henderson, NV vs Miami, FL
Henderson, NV
$46,000 - $232,000
COL Index: 107.5
VS
Miami, FL
$53,000 - $272,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Henderson, NV | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Permits
|
$2,000 - $8,400 | $2,600 - $9,500 | -14% |
|
Commercial Lease (First + Last + Security)
|
$5,300 - $42,300 | $8,800 - $70,400 | -40% |
|
Initial Inventory Purchase
|
$15,000 - $70,000 | $15,000 - $70,000 | Same |
|
Store Build-Out & Fixtures
|
$10,200 - $51,000 | $10,800 - $54,000 | -6% |
|
POS System & Technology
|
$1,500 - $6,000 | $1,500 - $6,000 | Same |
|
Business Insurance (Annual)
|
$1,500 - $5,000 | $1,500 - $5,000 | Same |
|
Marketing & Branding
|
$2,000 - $12,000 | $2,000 - $12,000 | Same |
|
Working Capital (3 Months)
|
$8,600 - $37,600 | $10,300 - $44,900 | -16% |
| Total Estimated Cost | $46,000 - $232,000 | $53,000 - $272,000 | -14% |
Local Market Factors
| Factor | Henderson | Miami |
|---|---|---|
| Cost of Living Index | 107.5 | 128.3 |
| Commercial Rent ($/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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