Lavender Farm Startup Cost Comparison

Orlando, FL vs New York, NY

Orlando, FL

$18,000 - $88,000

COL Index: 104.2

VS

New York, NY

$38,000 - $184,000

COL Index: 187.2

Detailed Cost Comparison

Expense Orlando, FL New York, NY Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$10,300 - $51,300 $27,800 - $139,100 -63%
Initial Supplies & Inventory
$3,000 - $15,000 $3,000 - $15,000 Same
Business Insurance (Annual)
$500 - $3,000 $500 - $3,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$3,100 - $10,400 $5,600 - $18,700 -44%
Total Estimated Cost $18,000 - $88,000 $38,000 - $184,000 -52%

Local Market Factors

Factor Orlando New York
Cost of Living Index 104.2 187.2
Commercial Rent ($/sqft/yr) $17 - $42 $40 - $120
Labor Rate Index 0.98 1.45
Sales Tax 6.5% 8.875%
Minimum Wage $13.00/hr $16.00/hr
LLC Filing Fee $125 $200

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