Pizza Shop Startup Cost Comparison

Madison, WI vs Miami, FL

Madison, WI

$65,000 - $253,000

COL Index: 102.5

VS

Miami, FL

$89,000 - $347,000

COL Index: 128.3

Detailed Cost Comparison

Expense Madison, WI Miami, FL Difference
Business Registration & Licenses
$500 - $5,000 $500 - $5,000 Same
Commercial Space & Build-Out
$22,500 - $90,000 $44,000 - $176,100 -49%
Equipment & Fixtures
$18,800 - $75,000 $18,800 - $75,000 Same
Initial Inventory & Supplies
$7,500 - $30,000 $7,500 - $30,000 Same
Business Insurance (Annual)
$2,000 - $12,000 $2,000 - $12,000 Same
Marketing & Grand Opening
$2,000 - $10,000 $2,000 - $10,000 Same
Working Capital (3 Months)
$11,500 - $30,800 $14,400 - $38,500 -20%
Total Estimated Cost $65,000 - $253,000 $89,000 - $347,000 -27%

Local Market Factors

Factor Madison Miami
Cost of Living Index 102.5 128.3
Commercial Rent ($/sqft/yr) $14 - $32 $25 - $65
Labor Rate Index 0.98 1.08
Sales Tax 5.5% 7%
Minimum Wage $7.25/hr $13.00/hr
LLC Filing Fee $130 $125

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