IT Services Startup Cost Comparison

Las Vegas, NV vs Miami, FL

Las Vegas, NV

$18,000 - $103,000

COL Index: 105.8

VS

Miami, FL

$19,000 - $109,000

COL Index: 128.3

Detailed Cost Comparison

Expense Las Vegas, NV Miami, FL Difference
Business Registration & Legal
$2,700 - $9,900 $2,600 - $9,500 +4%
Tech Equipment & Lab
$3,000 - $20,000 $3,000 - $20,000 Same
RMM & PSA Software
$2,000 - $12,000 $2,000 - $12,000 Same
IT Certifications & Training
$1,000 - $5,000 $1,000 - $5,000 Same
Service Vehicle
$0 - $15,000 $0 - $15,000 Same
Business Insurance (Annual)
$1,500 - $5,000 $1,500 - $5,000 Same
Marketing & Business Development
$2,000 - $10,000 $2,000 - $10,000 Same
Working Capital (3 Months)
$5,300 - $26,500 $6,400 - $32,100 -17%
Total Estimated Cost $18,000 - $103,000 $19,000 - $109,000 -5%

Local Market Factors

Factor Las Vegas Miami
Cost of Living Index 105.8 128.3
Commercial Rent ($/sqft/yr) $18 - $45 $25 - $65
Labor Rate Index 1.02 1.08
Sales Tax 8.375% 7%
Minimum Wage $12.00/hr $13.00/hr
LLC Filing Fee $75 $125

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