Printing Business Startup Cost Comparison

Baltimore, MD vs Miami, FL

Baltimore, MD

$49,000 - $240,000

COL Index: 108.5

VS

Miami, FL

$55,000 - $272,000

COL Index: 128.3

Detailed Cost Comparison

Expense Baltimore, MD Miami, FL Difference
Business Registration & Licenses
$1,900 - $6,200 $2,600 - $9,500 -33%
Shop Lease (First + Last + Security)
$6,100 - $32,900 $9,800 - $52,800 -38%
Printing Equipment
$20,000 - $100,000 $20,000 - $100,000 Same
Shop Build-Out
$5,300 - $26,300 $5,400 - $27,000 -2%
Paper Stock & Supplies
$3,000 - $15,000 $3,000 - $15,000 Same
Business Insurance (Annual)
$1,500 - $6,000 $1,500 - $6,000 Same
Marketing & Client Acquisition
$2,000 - $10,000 $2,000 - $10,000 Same
Working Capital (3 Months)
$8,700 - $43,400 $10,300 - $51,300 -15%
Total Estimated Cost $49,000 - $240,000 $55,000 - $272,000 -12%

Local Market Factors

Factor Baltimore Miami
Cost of Living Index 108.5 128.3
Commercial Rent ($/sqft/yr) $16 - $40 $25 - $65
Labor Rate Index 1.05 1.08
Sales Tax 6% 7%
Minimum Wage $15.00/hr $13.00/hr
LLC Filing Fee $100 $125

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