Plant Nursery Startup Cost Comparison

Milwaukee, WI vs Miami, FL

Milwaukee, WI

$25,000 - $153,000

COL Index: 95.8

VS

Miami, FL

$34,000 - $208,000

COL Index: 128.3

Detailed Cost Comparison

Expense Milwaukee, WI Miami, FL Difference
Business Registration & Licenses
$900 - $4,000 $2,600 - $9,500 -60%
Land Lease or Property
$5,000 - $40,000 $9,800 - $78,300 -49%
Initial Plant Inventory
$5,000 - $35,000 $5,000 - $35,000 Same
Shade Houses, Hoop Houses & Retail Building
$4,600 - $27,600 $5,400 - $32,400 -15%
Irrigation System
$2,000 - $12,000 $2,000 - $12,000 Same
Equipment & Supplies
$2,000 - $10,000 $2,000 - $10,000 Same
Marketing & Signage
$1,000 - $5,000 $1,000 - $5,000 Same
Working Capital (3 Months)
$4,800 - $19,200 $6,400 - $25,700 -25%
Total Estimated Cost $25,000 - $153,000 $34,000 - $208,000 -26%

Local Market Factors

Factor Milwaukee Miami
Cost of Living Index 95.8 128.3
Commercial Rent ($/sqft/yr) $14 - $32 $25 - $65
Labor Rate Index 0.92 1.08
Sales Tax 5.5% 7%
Minimum Wage $7.25/hr $13.00/hr
LLC Filing Fee $130 $125

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