HVAC Startup Cost Comparison

Naperville, IL vs Miami, FL

Naperville, IL

$27,000 - $136,000

COL Index: 112.5

VS

Miami, FL

$29,000 - $144,000

COL Index: 128.3

Detailed Cost Comparison

Expense Naperville, IL Miami, FL Difference
Business Registration & HVAC License
$1,400 - $6,200 $2,600 - $9,500 -37%
Service Vehicle(s)
$8,000 - $45,000 $8,000 - $45,000 Same
HVAC Tools & Diagnostic Equipment
$5,000 - $25,000 $5,000 - $25,000 Same
Parts & Refrigerant Inventory
$2,000 - $10,000 $2,000 - $10,000 Same
Business Insurance & Bonding (Annual)
$3,000 - $12,000 $3,000 - $12,000 Same
Marketing & Lead Generation
$2,000 - $10,000 $2,000 - $10,000 Same
Working Capital (3 Months)
$5,600 - $28,100 $6,400 - $32,100 -12%
Total Estimated Cost $27,000 - $136,000 $29,000 - $144,000 -6%

Local Market Factors

Factor Naperville Miami
Cost of Living Index 112.5 128.3
Commercial Rent ($/sqft/yr) $20 - $42 $25 - $65
Labor Rate Index 1.1 1.08
Sales Tax 7.75% 7%
Minimum Wage $14.00/hr $13.00/hr
LLC Filing Fee $150 $125

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