Plant Nursery Startup Cost Comparison

Pocatello, ID vs Miami, FL

Pocatello, ID

$22,000 - $131,000

COL Index: 90.5

VS

Miami, FL

$34,000 - $208,000

COL Index: 128.3

Detailed Cost Comparison

Expense Pocatello, ID Miami, FL Difference
Business Registration & Licenses
$900 - $3,700 $2,600 - $9,500 -62%
Land Lease or Property
$2,700 - $21,700 $9,800 - $78,300 -72%
Initial Plant Inventory
$5,000 - $35,000 $5,000 - $35,000 Same
Shade Houses, Hoop Houses & Retail Building
$4,300 - $25,500 $5,400 - $32,400 -21%
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)
$4,500 - $18,100 $6,400 - $25,700 -30%
Total Estimated Cost $22,000 - $131,000 $34,000 - $208,000 -37%

Local Market Factors

Factor Pocatello Miami
Cost of Living Index 90.5 128.3
Commercial Rent ($/sqft/yr) $8 - $17 $25 - $65
Labor Rate Index 0.85 1.08
Sales Tax 6% 7%
Minimum Wage $7.25/hr $13.00/hr
LLC Filing Fee $100 $125

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