Laundromat Startup Cost Comparison

Little Rock, AR vs Miami, FL

Little Rock, AR

$131,000 - $709,000

COL Index: 87.8

VS

Miami, FL

$173,000 - $983,000

COL Index: 128.3

Detailed Cost Comparison

Expense Little Rock, AR Miami, FL Difference
Business Registration & Licenses
$500 - $3,000 $500 - $3,000 Same
Commercial Lease & Build-Out
$23,500 - $156,500 $58,700 - $391,300 -60%
Washers & Dryers
$80,000 - $400,000 $80,000 - $400,000 Same
Utility Infrastructure
$8,500 - $68,000 $10,800 - $86,400 -21%
Payment System
$5,000 - $20,000 $5,000 - $20,000 Same
Business Insurance (Annual)
$3,000 - $10,000 $3,000 - $10,000 Same
Marketing & Signage
$2,000 - $8,000 $2,000 - $8,000 Same
Working Capital (3 Months)
$8,800 - $43,900 $12,800 - $64,200 -32%
Total Estimated Cost $131,000 - $709,000 $173,000 - $983,000 -27%

Local Market Factors

Factor Little Rock Miami
Cost of Living Index 87.8 128.3
Commercial Rent ($/sqft/yr) $12 - $24 $25 - $65
Labor Rate Index 0.85 1.08
Sales Tax 9.625% 7%
Minimum Wage $11.00/hr $13.00/hr
LLC Filing Fee $45 $125

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