Boutique Startup Cost Comparison

San Bernardino, CA vs Miami, FL

San Bernardino, CA

$42,000 - $207,000

COL Index: 105.3

VS

Miami, FL

$53,000 - $272,000

COL Index: 128.3

Detailed Cost Comparison

Expense San Bernardino, CA Miami, FL Difference
Business Registration & Permits
$1,400 - $5,600 $2,600 - $9,500 -42%
Commercial Lease (First + Last + Security)
$3,300 - $26,600 $8,800 - $70,400 -62%
Initial Inventory Purchase
$15,000 - $70,000 $15,000 - $70,000 Same
Store Build-Out & Fixtures
$9,000 - $45,000 $10,800 - $54,000 -17%
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)
$8,400 - $36,900 $10,300 - $44,900 -18%
Total Estimated Cost $42,000 - $207,000 $53,000 - $272,000 -23%

Local Market Factors

Factor San Bernardino Miami
Cost of Living Index 105.3 128.3
Commercial Rent ($/sqft/yr) $10 - $24 $25 - $65
Labor Rate Index 0.9 1.08
Sales Tax 8.75% 7%
Minimum Wage $16.00/hr $13.00/hr
LLC Filing Fee $70 $125

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