Online Store Startup Cost Comparison
Wilmington, DE vs Miami, FL
Wilmington, DE
$4,000 - $45,000
COL Index: 102.4
VS
Miami, FL
$5,000 - $49,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Wilmington, DE | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Permits
|
$1,900 - $6,300 | $2,600 - $9,500 | -32% |
|
E-Commerce Platform & Website
|
$300 - $5,000 | $300 - $5,000 | Same |
|
Initial Inventory
|
$500 - $15,000 | $500 - $15,000 | Same |
|
Product Photography
|
$200 - $3,000 | $200 - $3,000 | Same |
|
Shipping Supplies & Packaging
|
$200 - $2,000 | $200 - $2,000 | Same |
|
Digital Marketing & Advertising
|
$500 - $10,000 | $500 - $10,000 | Same |
|
Business Software & Tools
|
$200 - $2,000 | $200 - $2,000 | Same |
|
Business Insurance
|
$400 - $2,000 | $400 - $2,000 | Same |
| Total Estimated Cost | $4,000 - $45,000 | $5,000 - $49,000 | -9% |
Local Market Factors
| Factor | Wilmington | Miami |
|---|---|---|
| Cost of Living Index | 102.4 | 128.3 |
| Commercial Rent ($/sqft/yr) | $14 - $28 | $25 - $65 |
| Labor Rate Index | 1.02 | 1.08 |
| Sales Tax | 0% | 7% |
| Minimum Wage | $13.25/hr | $13.00/hr |
| LLC Filing Fee | $90 | $125 |
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