Preschool Startup Cost Comparison

Stamford, CT vs Miami, FL

Stamford, CT

$92,000 - $363,000

COL Index: 143.5

VS

Miami, FL

$86,000 - $342,000

COL Index: 128.3

Detailed Cost Comparison

Expense Stamford, CT Miami, FL Difference
Business Registration & Licensing
$2,700 - $7,900 $2,600 - $9,500 -12%
Facility Lease (First + Last + Security)
$19,100 - $95,700 $19,600 - $97,800 -2%
Facility Build-Out & Renovation
$19,800 - $79,200 $16,200 - $64,800 +22%
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)
$28,700 - $100,500 $25,700 - $89,800 +12%
Total Estimated Cost $92,000 - $363,000 $86,000 - $342,000 +6%

Local Market Factors

Factor Stamford Miami
Cost of Living Index 143.5 128.3
Commercial Rent ($/sqft/yr) $28 - $60 $25 - $65
Labor Rate Index 1.32 1.08
Sales Tax 6.35% 7%
Minimum Wage $16.35/hr $13.00/hr
LLC Filing Fee $120 $125

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