Liquor Store Startup Cost Comparison
St. Petersburg, FL vs Los Angeles, CA
St. Petersburg, FL
$88,000 - $339,000
COL Index: 104.6
VS
Los Angeles, CA
$140,000 - $534,000
COL Index: 166.5
Detailed Cost Comparison
| Expense | St. Petersburg, FL | Los Angeles, CA | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Commercial Space & Build-Out
|
$32,600 - $130,400 | $75,000 - $300,000 | -57% |
|
Equipment & Fixtures
|
$25,000 - $100,000 | $25,000 - $100,000 | Same |
|
Initial Inventory & Supplies
|
$10,000 - $40,000 | $10,000 - $40,000 | 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)
|
$15,700 - $41,800 | $25,000 - $66,600 | -37% |
| Total Estimated Cost | $88,000 - $339,000 | $140,000 - $534,000 | -37% |
Local Market Factors
| Factor | St. Petersburg | Los Angeles |
|---|---|---|
| Cost of Living Index | 104.6 | 166.5 |
| Commercial Rent ($/sqft/yr) | $16 - $34 | $30 - $85 |
| Labor Rate Index | 1.02 | 1.35 |
| Sales Tax | 7.5% | 9.5% |
| Minimum Wage | $13.00/hr | $16.78/hr |
| LLC Filing Fee | $125 | $70 |
View Full Details
Ready to Start Your Liquor Store?
Start your Liquor Store LLC in — free registered agent for 1 year.
Form Your LLC for $0 + State Fee →Trusted by 500,000+ businesses · Excellent rating on Trustpilot