Candy Shop Startup Cost Comparison
Lakewood, CO vs Miami, FL
Lakewood, CO
$22,000 - $109,000
COL Index: 112.5
VS
Miami, FL
$27,000 - $134,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Lakewood, CO | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Commercial Space & Build-Out
|
$7,000 - $35,200 | $11,700 - $58,700 | -40% |
|
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)
|
$3,400 - $11,300 | $3,800 - $12,800 | -11% |
| Total Estimated Cost | $22,000 - $109,000 | $27,000 - $134,000 | -19% |
Local Market Factors
| Factor | Lakewood | Miami |
|---|---|---|
| Cost of Living Index | 112.5 | 128.3 |
| Commercial Rent ($/sqft/yr) | $16 - $38 | $25 - $65 |
| Labor Rate Index | 1.08 | 1.08 |
| Sales Tax | 7.5% | 7% |
| Minimum Wage | $14.42/hr | $13.00/hr |
| LLC Filing Fee | $50 | $125 |
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