Notary Business Startup Cost Comparison
Denton, TX vs Miami, FL
Denton, TX
$2,000 - $14,000
COL Index: 96.8
VS
Miami, FL
$2,000 - $14,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Denton, TX | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$200 - $3,000 | $200 - $3,000 | Same |
|
Space & Equipment
|
$400 - $2,000 | $400 - $2,000 | Same |
|
Initial Supplies & Inventory
|
$200 - $800 | $200 - $800 | Same |
|
Business Insurance (Annual)
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Marketing & Launch
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Working Capital (3 Months)
|
$100 - $500 | $200 - $600 | -25% |
| Total Estimated Cost | $2,000 - $14,000 | $2,000 - $14,000 | Same |
Local Market Factors
| Factor | Denton | Miami |
|---|---|---|
| Cost of Living Index | 96.8 | 128.3 |
| Commercial Rent ($/sqft/yr) | $14 - $32 | $25 - $65 |
| Labor Rate Index | 0.93 | 1.08 |
| Sales Tax | 8.25% | 7% |
| Minimum Wage | $7.25/hr | $13.00/hr |
| LLC Filing Fee | $300 | $125 |
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