Daycare Startup Cost Comparison
Hialeah, FL vs Miami, FL
Hialeah, FL
$43,000 - $177,000
COL Index: 102.8
VS
Miami, FL
$56,000 - $242,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Hialeah, FL | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Childcare License
|
$1,400 - $5,100 | $2,600 - $9,500 | -46% |
|
Commercial Lease (First + Last + Security)
|
$7,700 - $43,000 | $15,700 - $88,000 | -51% |
|
Furniture, Equipment & Toys
|
$8,000 - $30,000 | $8,000 - $30,000 | Same |
|
Safety & Compliance Build-Out
|
$4,800 - $24,000 | $5,400 - $27,000 | -11% |
|
Business Insurance (Annual)
|
$3,000 - $12,000 | $3,000 - $12,000 | Same |
|
Background Checks & Staff Training
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Marketing & Enrollment Drive
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Working Capital (3 Months)
|
$15,400 - $51,400 | $19,200 - $64,200 | -20% |
| Total Estimated Cost | $43,000 - $177,000 | $56,000 - $242,000 | -26% |
Local Market Factors
| Factor | Hialeah | Miami |
|---|---|---|
| Cost of Living Index | 102.8 | 128.3 |
| Commercial Rent ($/sqft/yr) | $14 - $30 | $25 - $65 |
| Labor Rate Index | 0.96 | 1.08 |
| Sales Tax | 7% | 7% |
| Minimum Wage | $13.00/hr | $13.00/hr |
| LLC Filing Fee | $125 | $125 |
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