Distillery Startup Cost Comparison

Phoenix, AZ vs Miami, FL

Phoenix, AZ

$96,000 - $891,000

COL Index: 103.4

VS

Miami, FL

$117,000 - $1,092,000

COL Index: 128.3

Detailed Cost Comparison

Expense Phoenix, AZ Miami, FL Difference
Business Registration & Licenses
$500 - $5,000 $500 - $5,000 Same
Commercial Space & Build-Out
$41,100 - $410,900 $58,700 - $587,000 -30%
Equipment & Fixtures
$25,000 - $250,000 $25,000 - $250,000 Same
Initial Inventory & Supplies
$10,000 - $100,000 $10,000 - $100,000 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)
$15,500 - $103,400 $19,200 - $128,300 -19%
Total Estimated Cost $96,000 - $891,000 $117,000 - $1,092,000 -18%

Local Market Factors

Factor Phoenix Miami
Cost of Living Index 103.4 128.3
Commercial Rent ($/sqft/yr) $18 - $45 $25 - $65
Labor Rate Index 1 1.08
Sales Tax 8.6% 7%
Minimum Wage $14.35/hr $13.00/hr
LLC Filing Fee $50 $125

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