Plant Nursery Startup Cost Comparison
Port St. Lucie, FL vs Los Angeles, CA
Port St. Lucie, FL
$25,000 - $146,000
COL Index: 98.4
VS
Los Angeles, CA
$42,000 - $250,000
COL Index: 166.5
Detailed Cost Comparison
| Expense | Port St. Lucie, FL | Los Angeles, CA | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,400 - $5,000 | $4,000 - $14,400 | -65% |
|
Land Lease or Property
|
$3,900 - $31,300 | $12,500 - $100,000 | -69% |
|
Initial Plant Inventory
|
$5,000 - $35,000 | $5,000 - $35,000 | Same |
|
Shade Houses, Hoop Houses & Retail Building
|
$4,600 - $27,600 | $6,800 - $40,500 | -32% |
|
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)
|
$4,900 - $19,700 | $8,300 - $33,300 | -41% |
| Total Estimated Cost | $25,000 - $146,000 | $42,000 - $250,000 | -41% |
Local Market Factors
| Factor | Port St. Lucie | Los Angeles |
|---|---|---|
| Cost of Living Index | 98.4 | 166.5 |
| Commercial Rent ($/sqft/yr) | $12 - $24 | $30 - $85 |
| Labor Rate Index | 0.92 | 1.35 |
| Sales Tax | 7% | 9.5% |
| Minimum Wage | $13.00/hr | $16.78/hr |
| LLC Filing Fee | $125 | $70 |
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