Restaurant Startup Cost Comparison

Seattle, WA vs Miami, FL

Seattle, WA

$108,000 - $431,000

COL Index: 147.1

VS

Miami, FL

$96,000 - $383,000

COL Index: 128.3

Detailed Cost Comparison

Expense Seattle, WA Miami, FL Difference
Business Registration & Licenses
$2,800 - $12,200 $2,600 - $9,500 +24%
Commercial Lease (First + Last + Security)
$19,600 - $97,800 $17,600 - $88,000 +11%
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
$28,000 - $112,000 $21,600 - $86,400 +30%
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)
$22,100 - $73,600 $19,200 - $64,200 +15%
Total Estimated Cost $108,000 - $431,000 $96,000 - $383,000 +13%

Local Market Factors

Factor Seattle Miami
Cost of Living Index 147.1 128.3
Commercial Rent ($/sqft/yr) $28 - $72 $25 - $65
Labor Rate Index 1.4 1.08
Sales Tax 10.25% 7%
Minimum Wage $19.97/hr $13.00/hr
LLC Filing Fee $200 $125

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