Oil Change Shop Startup Cost Comparison
Youngstown, OH vs Miami, FL
Youngstown, OH
$35,000 - $186,000
COL Index: 82.8
VS
Miami, FL
$53,000 - $287,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Youngstown, OH | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$700 - $3,000 | $2,600 - $9,500 | -69% |
|
Facility Lease (First + Last + Security)
|
$4,100 - $24,500 | $14,700 - $88,000 | -72% |
|
Service Equipment
|
$10,000 - $50,000 | $10,000 - $50,000 | Same |
|
Initial Oil & Fluid Inventory
|
$3,000 - $15,000 | $3,000 - $15,000 | Same |
|
Facility Build-Out
|
$6,000 - $45,000 | $8,600 - $64,800 | -31% |
|
Waste Oil Management System
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Business Insurance (Annual)
|
$2,500 - $10,000 | $2,500 - $10,000 | Same |
|
Marketing & Signage
|
$1,500 - $8,000 | $1,500 - $8,000 | Same |
|
Working Capital (3 Months)
|
$5,000 - $20,700 | $7,700 - $32,100 | -35% |
| Total Estimated Cost | $35,000 - $186,000 | $53,000 - $287,000 | -35% |
Local Market Factors
| Factor | Youngstown | Miami |
|---|---|---|
| Cost of Living Index | 82.8 | 128.3 |
| Commercial Rent ($/sqft/yr) | $7 - $18 | $25 - $65 |
| Labor Rate Index | 0.75 | 1.08 |
| Sales Tax | 8% | 7% |
| Minimum Wage | $10.45/hr | $13.00/hr |
| LLC Filing Fee | $99 | $125 |
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