Plant Nursery Startup Cost Comparison
Santa Fe, NM vs Los Angeles, CA
Santa Fe, NM
$28,000 - $169,000
COL Index: 112.5
VS
Los Angeles, CA
$42,000 - $250,000
COL Index: 166.5
Detailed Cost Comparison
| Expense | Santa Fe, NM | Los Angeles, CA | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,600 - $6,600 | $4,000 - $14,400 | -55% |
|
Land Lease or Property
|
$5,900 - $47,000 | $12,500 - $100,000 | -53% |
|
Initial Plant Inventory
|
$5,000 - $35,000 | $5,000 - $35,000 | Same |
|
Shade Houses, Hoop Houses & Retail Building
|
$5,100 - $30,600 | $6,800 - $40,500 | -25% |
|
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)
|
$5,600 - $22,500 | $8,300 - $33,300 | -32% |
| Total Estimated Cost | $28,000 - $169,000 | $42,000 - $250,000 | -33% |
Local Market Factors
| Factor | Santa Fe | Los Angeles |
|---|---|---|
| Cost of Living Index | 112.5 | 166.5 |
| Commercial Rent ($/sqft/yr) | $16 - $38 | $30 - $85 |
| Labor Rate Index | 1.02 | 1.35 |
| Sales Tax | 8.4375% | 9.5% |
| Minimum Wage | $14.60/hr | $16.78/hr |
| LLC Filing Fee | $50 | $70 |
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