Gas Station Startup Cost Comparison

Boca Raton, FL vs Miami, FL

Boca Raton, FL

$244,000 - $1,872,000

COL Index: 118.5

VS

Miami, FL

$283,000 - $2,170,000

COL Index: 128.3

Detailed Cost Comparison

Expense Boca Raton, FL Miami, FL Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$160,900 - $1,287,000 $195,700 - $1,565,200 -18%
Initial Supplies & Inventory
$37,500 - $300,000 $37,500 - $300,000 Same
Business Insurance (Annual)
$500 - $40,000 $500 - $40,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$44,400 - $237,000 $48,100 - $256,600 -8%
Total Estimated Cost $244,000 - $1,872,000 $283,000 - $2,170,000 -14%

Local Market Factors

Factor Boca Raton Miami
Cost of Living Index 118.5 128.3
Commercial Rent ($/sqft/yr) $24 - $50 $25 - $65
Labor Rate Index 1.12 1.08
Sales Tax 7% 7%
Minimum Wage $13.00/hr $13.00/hr
LLC Filing Fee $125 $125

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