Meal Prep Business Startup Cost Comparison

Louisville, KY vs Miami, FL

Louisville, KY

$16,000 - $79,000

COL Index: 93.5

VS

Miami, FL

$21,000 - $104,000

COL Index: 128.3

Detailed Cost Comparison

Expense Louisville, KY Miami, FL Difference
Business Registration & Licenses
$1,400 - $5,100 $2,600 - $9,500 -46%
Commercial Kitchen Access
$2,900 - $14,700 $5,900 - $29,300 -50%
Kitchen Equipment & Supplies
$3,000 - $20,000 $3,000 - $20,000 Same
Initial Food Inventory
$1,000 - $5,000 $1,000 - $5,000 Same
Packaging & Labeling
$800 - $4,000 $800 - $4,000 Same
Business Insurance (Annual)
$1,500 - $5,000 $1,500 - $5,000 Same
Marketing & Customer Acquisition
$1,500 - $8,000 $1,500 - $8,000 Same
Working Capital (3 Months)
$3,700 - $16,800 $5,100 - $23,100 -27%
Total Estimated Cost $16,000 - $79,000 $21,000 - $104,000 -24%

Local Market Factors

Factor Louisville Miami
Cost of Living Index 93.5 128.3
Commercial Rent ($/sqft/yr) $13 - $32 $25 - $65
Labor Rate Index 0.88 1.08
Sales Tax 6% 7%
Minimum Wage $7.25/hr $13.00/hr
LLC Filing Fee $40 $125

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