Brewery Startup Cost Comparison

Joliet, IL vs Miami, FL

Joliet, IL

$189,000 - $1,064,000

COL Index: 93.5

VS

Miami, FL

$287,000 - $1,625,000

COL Index: 128.3

Detailed Cost Comparison

Expense Joliet, IL Miami, FL Difference
Business Registration & Licenses
$500 - $5,000 $500 - $5,000 Same
Commercial Space & Build-Out
$62,000 - $371,700 $146,700 - $880,400 -58%
Equipment & Fixtures
$62,500 - $375,000 $62,500 - $375,000 Same
Initial Inventory & Supplies
$25,000 - $150,000 $25,000 - $150,000 Same
Business Insurance (Annual)
$2,000 - $12,000 $2,000 - $12,000 Same
Marketing & Grand Opening
$2,000 - $10,000 $2,000 - $10,000 Same
Working Capital (3 Months)
$35,100 - $140,300 $48,100 - $192,500 -27%
Total Estimated Cost $189,000 - $1,064,000 $287,000 - $1,625,000 -34%

Local Market Factors

Factor Joliet Miami
Cost of Living Index 93.5 128.3
Commercial Rent ($/sqft/yr) $12 - $26 $25 - $65
Labor Rate Index 0.92 1.08
Sales Tax 8% 7%
Minimum Wage $14.00/hr $13.00/hr
LLC Filing Fee $150 $125

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