Food Truck Startup Cost Comparison

Layton, UT vs Miami, FL

Layton, UT

$57,000 - $215,000

COL Index: 101.2

VS

Miami, FL

$67,000 - $245,000

COL Index: 128.3

Detailed Cost Comparison

Expense Layton, UT Miami, FL Difference
Business Registration & Licenses
$1,100 - $4,900 $2,600 - $9,500 -50%
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)
$4,700 - $14,100 $11,700 - $35,200 -60%
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)
$5,100 - $15,200 $6,400 - $19,200 -21%
Total Estimated Cost $57,000 - $215,000 $67,000 - $245,000 -13%

Local Market Factors

Factor Layton Miami
Cost of Living Index 101.2 128.3
Commercial Rent ($/sqft/yr) $12 - $24 $25 - $65
Labor Rate Index 0.95 1.08
Sales Tax 7.15% 7%
Minimum Wage $7.25/hr $13.00/hr
LLC Filing Fee $54 $125

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