Ghost Kitchen Startup Cost Comparison

Albuquerque, NM vs Miami, FL

Albuquerque, NM

$20,000 - $97,000

COL Index: 93.2

VS

Miami, FL

$27,000 - $134,000

COL Index: 128.3

Detailed Cost Comparison

Expense Albuquerque, NM Miami, FL Difference
Business Registration & Licenses
$500 - $5,000 $500 - $5,000 Same
Commercial Space & Build-Out
$5,200 - $26,100 $11,700 - $58,700 -56%
Equipment & Fixtures
$5,000 - $25,000 $5,000 - $25,000 Same
Initial Inventory & Supplies
$2,000 - $10,000 $2,000 - $10,000 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)
$2,800 - $9,300 $3,800 - $12,800 -27%
Total Estimated Cost $20,000 - $97,000 $27,000 - $134,000 -27%

Local Market Factors

Factor Albuquerque Miami
Cost of Living Index 93.2 128.3
Commercial Rent ($/sqft/yr) $12 - $28 $25 - $65
Labor Rate Index 0.85 1.08
Sales Tax 7.875% 7%
Minimum Wage $14.00/hr $13.00/hr
LLC Filing Fee $50 $125

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