Food Truck Startup Cost Comparison

Boulder, CO vs Miami, FL

Boulder, CO

$68,000 - $249,000

COL Index: 148.2

VS

Miami, FL

$67,000 - $245,000

COL Index: 128.3

Detailed Cost Comparison

Expense Boulder, CO Miami, FL Difference
Business Registration & Licenses
$2,200 - $8,900 $2,600 - $9,500 -8%
Food Truck Vehicle
$30,000 - $120,000 $30,000 - $120,000 Same
Kitchen Equipment
$10,000 - $40,000 $10,000 - $40,000 Same
Initial Food Inventory
$1,500 - $5,000 $1,500 - $5,000 Same
Commissary Kitchen (Annual)
$12,100 - $36,400 $11,700 - $35,200 +3%
Business & Vehicle Insurance (Annual)
$3,000 - $8,000 $3,000 - $8,000 Same
Marketing & Branding
$2,000 - $8,000 $2,000 - $8,000 Same
Working Capital (3 Months)
$7,400 - $22,200 $6,400 - $19,200 +16%
Total Estimated Cost $68,000 - $249,000 $67,000 - $245,000 +2%

Local Market Factors

Factor Boulder Miami
Cost of Living Index 148.2 128.3
Commercial Rent ($/sqft/yr) $28 - $65 $25 - $65
Labor Rate Index 1.32 1.08
Sales Tax 9.045% 7%
Minimum Wage $14.42/hr $13.00/hr
LLC Filing Fee $50 $125

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