Restaurant Startup Cost Comparison

Clearwater, FL vs Miami, FL

Clearwater, FL

$82,000 - $321,000

COL Index: 103.8

VS

Miami, FL

$96,000 - $383,000

COL Index: 128.3

Detailed Cost Comparison

Expense Clearwater, FL Miami, FL Difference
Business Registration & Licenses
$1,900 - $6,600 $2,600 - $9,500 -30%
Commercial Lease (First + Last + Security)
$9,800 - $48,900 $17,600 - $88,000 -44%
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
$19,600 - $78,400 $21,600 - $86,400 -9%
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)
$15,600 - $51,900 $19,200 - $64,200 -19%
Total Estimated Cost $82,000 - $321,000 $96,000 - $383,000 -16%

Local Market Factors

Factor Clearwater Miami
Cost of Living Index 103.8 128.3
Commercial Rent ($/sqft/yr) $16 - $34 $25 - $65
Labor Rate Index 0.98 1.08
Sales Tax 7.5% 7%
Minimum Wage $13.00/hr $13.00/hr
LLC Filing Fee $125 $125

Ready to Start Your Restaurant?

Start your Restaurant LLC in โ€” free registered agent for 1 year.

Form Your LLC for $0 + State Fee โ†’

Trusted by 500,000+ businesses ยท Excellent rating on Trustpilot

Start Your LLC โ€” $0 + State Fee