Preschool Startup Cost Comparison

Port St. Lucie, FL vs New York, NY

Port St. Lucie, FL

$65,000 - $248,000

COL Index: 98.4

VS

New York, NY

$121,000 - $489,000

COL Index: 187.2

Detailed Cost Comparison

Expense Port St. Lucie, FL New York, NY Difference
Business Registration & Licensing
$1,400 - $5,000 $5,300 - $17,100 -71%
Facility Lease (First + Last + Security)
$7,800 - $39,100 $34,800 - $173,900 -78%
Facility Build-Out & Renovation
$13,800 - $55,200 $21,800 - $87,000 -37%
Furniture, Equipment & Learning Materials
$10,000 - $35,000 $10,000 - $35,000 Same
Safety & Health Compliance
$5,000 - $20,000 $5,000 - $20,000 Same
Business Insurance (Annual)
$4,000 - $15,000 $4,000 - $15,000 Same
Marketing & Enrollment
$3,000 - $10,000 $3,000 - $10,000 Same
Working Capital (3-6 Months)
$19,700 - $68,900 $37,400 - $131,000 -47%
Total Estimated Cost $65,000 - $248,000 $121,000 - $489,000 -49%

Local Market Factors

Factor Port St. Lucie New York
Cost of Living Index 98.4 187.2
Commercial Rent ($/sqft/yr) $12 - $24 $40 - $120
Labor Rate Index 0.92 1.45
Sales Tax 7% 8.875%
Minimum Wage $13.00/hr $16.00/hr
LLC Filing Fee $125 $200

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