Donut Shop Startup Cost Comparison
San Diego, CA vs Miami, FL
San Diego, CA
$68,000 - $323,000
COL Index: 160.2
VS
Miami, FL
$61,000 - $293,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | San Diego, CA | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Commercial Space & Build-Out
|
$33,600 - $167,900 | $29,300 - $146,700 | +14% |
|
Equipment & Fixtures
|
$12,500 - $62,500 | $12,500 - $62,500 | Same |
|
Initial Inventory & Supplies
|
$5,000 - $25,000 | $5,000 - $25,000 | 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)
|
$12,000 - $40,100 | $9,600 - $32,100 | +25% |
| Total Estimated Cost | $68,000 - $323,000 | $61,000 - $293,000 | +10% |
Local Market Factors
| Factor | San Diego | Miami |
|---|---|---|
| Cost of Living Index | 160.2 | 128.3 |
| Commercial Rent ($/sqft/yr) | $28 - $75 | $25 - $65 |
| Labor Rate Index | 1.3 | 1.08 |
| Sales Tax | 7.75% | 7% |
| Minimum Wage | $16.85/hr | $13.00/hr |
| LLC Filing Fee | $70 | $125 |
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