Security Company Startup Cost Comparison
Fort Lauderdale, FL vs Miami, FL
Fort Lauderdale, FL
$17,000 - $112,000
COL Index: 120.4
VS
Miami, FL
$18,000 - $115,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Fort Lauderdale, FL | Miami, FL | Difference |
|---|---|---|---|
|
Licensing & Registration
|
$2,000 - $10,000 | $2,600 - $10,000 | -5% |
|
Uniforms & Equipment
|
$2,000 - $15,000 | $2,000 - $15,000 | Same |
|
Patrol Vehicle
|
$2,000 - $20,000 | $2,000 - $20,000 | Same |
|
Insurance & Bonding
|
$3,000 - $15,000 | $3,000 - $15,000 | Same |
|
Guard Training Program
|
$1,000 - $8,000 | $1,000 - $8,000 | Same |
|
Marketing & Contract Bidding
|
$1,000 - $8,000 | $1,000 - $8,000 | Same |
|
Working Capital (2 Months)
|
$6,000 - $36,100 | $6,400 - $38,500 | -6% |
| Total Estimated Cost | $17,000 - $112,000 | $18,000 - $115,000 | -3% |
Local Market Factors
| Factor | Fort Lauderdale | Miami |
|---|---|---|
| Cost of Living Index | 120.4 | 128.3 |
| Commercial Rent ($/sqft/yr) | $22 - $48 | $25 - $65 |
| Labor Rate Index | 1.14 | 1.08 |
| Sales Tax | 7% | 7% |
| Minimum Wage | $13.00/hr | $13.00/hr |
| LLC Filing Fee | $125 | $125 |
View Full Details
Ready to Start Your Security Company?
Start your Security Company LLC in — free registered agent for 1 year.
Form Your LLC for $0 + State Fee →Trusted by 500,000+ businesses · Excellent rating on Trustpilot