Brewery Startup Cost Comparison

Lubbock, TX vs Miami, FL

Lubbock, TX

$177,000 - $995,000

COL Index: 86.9

VS

Miami, FL

$287,000 - $1,625,000

COL Index: 128.3

Detailed Cost Comparison

Expense Lubbock, TX Miami, FL Difference
Business Registration & Licenses
$500 - $5,000 $500 - $5,000 Same
Commercial Space & Build-Out
$52,200 - $313,000 $146,700 - $880,400 -64%
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)
$32,600 - $130,400 $48,100 - $192,500 -32%
Total Estimated Cost $177,000 - $995,000 $287,000 - $1,625,000 -39%

Local Market Factors

Factor Lubbock Miami
Cost of Living Index 86.9 128.3
Commercial Rent ($/sqft/yr) $10 - $22 $25 - $65
Labor Rate Index 0.85 1.08
Sales Tax 8.25% 7%
Minimum Wage $7.25/hr $13.00/hr
LLC Filing Fee $300 $125

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