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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