Candy Shop Startup Cost Comparison
Flagstaff, AZ vs Miami, FL
Flagstaff, AZ
$22,000 - $107,000
COL Index: 115.5
VS
Miami, FL
$27,000 - $134,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Flagstaff, AZ | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Commercial Space & Build-Out
|
$6,700 - $33,300 | $11,700 - $58,700 | -43% |
|
Equipment & Fixtures
|
$5,000 - $25,000 | $5,000 - $25,000 | Same |
|
Initial Inventory & Supplies
|
$2,000 - $10,000 | $2,000 - $10,000 | 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)
|
$3,500 - $11,600 | $3,800 - $12,800 | -9% |
| Total Estimated Cost | $22,000 - $107,000 | $27,000 - $134,000 | -20% |
Local Market Factors
| Factor | Flagstaff | Miami |
|---|---|---|
| Cost of Living Index | 115.5 | 128.3 |
| Commercial Rent ($/sqft/yr) | $16 - $35 | $25 - $65 |
| Labor Rate Index | 1.02 | 1.08 |
| Sales Tax | 9.18% | 7% |
| Minimum Wage | $17.40/hr | $13.00/hr |
| LLC Filing Fee | $50 | $125 |
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