Restaurant Startup Cost Comparison

Port St. Lucie, FL vs Miami, FL

Port St. Lucie, FL

$77,000 - $298,000

COL Index: 98.4

VS

Miami, FL

$96,000 - $383,000

COL Index: 128.3

Detailed Cost Comparison

Expense Port St. Lucie, FL Miami, FL Difference
Business Registration & Licenses
$1,400 - $5,000 $2,600 - $9,500 -47%
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
$18,400 - $73,600 $21,600 - $86,400 -15%
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)
$14,800 - $49,200 $19,200 - $64,200 -23%
Total Estimated Cost $77,000 - $298,000 $96,000 - $383,000 -22%

Local Market Factors

Factor Port St. Lucie Miami
Cost of Living Index 98.4 128.3
Commercial Rent ($/sqft/yr) $12 - $24 $25 - $65
Labor Rate Index 0.92 1.08
Sales Tax 7% 7%
Minimum Wage $13.00/hr $13.00/hr
LLC Filing Fee $125 $125

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