Restaurant Startup Cost Comparison
Athens, GA vs Miami, FL
Athens, GA
$75,000 - $294,000
COL Index: 93.4
VS
Miami, FL
$96,000 - $383,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Athens, GA | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,300 - $5,000 | $2,600 - $9,500 | -48% |
|
Commercial Lease (First + Last + Security)
|
$7,000 - $35,200 | $17,600 - $88,000 | -60% |
|
Kitchen Equipment & Fixtures
|
$25,000 - $100,000 | $25,000 - $100,000 | Same |
|
Initial Food & Beverage Inventory
|
$5,000 - $15,000 | $5,000 - $15,000 | Same |
|
Interior Build-Out & Renovation
|
$18,000 - $72,000 | $21,600 - $86,400 | -17% |
|
Business Insurance (Annual)
|
$3,000 - $10,000 | $3,000 - $10,000 | Same |
|
Marketing & Grand Opening
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Working Capital (3 Months)
|
$14,000 - $46,700 | $19,200 - $64,200 | -27% |
| Total Estimated Cost | $75,000 - $294,000 | $96,000 - $383,000 | -23% |
Local Market Factors
| Factor | Athens | Miami |
|---|---|---|
| Cost of Living Index | 93.4 | 128.3 |
| Commercial Rent ($/sqft/yr) | $12 - $24 | $25 - $65 |
| Labor Rate Index | 0.9 | 1.08 |
| Sales Tax | 8% | 7% |
| Minimum Wage | $7.25/hr | $13.00/hr |
| LLC Filing Fee | $100 | $125 |
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