Spa Startup Cost Comparison
West Palm Beach, FL vs Miami, FL
West Palm Beach, FL
$88,000 - $339,000
COL Index: 110.2
VS
Miami, FL
$97,000 - $379,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | West Palm Beach, FL | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,400 - $8,300 | $2,600 - $9,500 | -12% |
|
Commercial Lease (First + Last + Security)
|
$12,100 - $60,700 | $17,600 - $88,000 | -31% |
|
Spa Equipment & Furnishings
|
$20,000 - $80,000 | $20,000 - $80,000 | Same |
|
Initial Product & Supplies Inventory
|
$5,000 - $20,000 | $5,000 - $20,000 | Same |
|
Interior Build-Out & Ambiance Design
|
$26,300 - $94,500 | $27,000 - $97,200 | -3% |
|
Business Insurance (Annual)
|
$3,000 - $8,000 | $3,000 - $8,000 | Same |
|
Marketing & Launch
|
$3,000 - $12,000 | $3,000 - $12,000 | Same |
|
Working Capital (3 Months)
|
$16,500 - $55,100 | $19,200 - $64,200 | -14% |
| Total Estimated Cost | $88,000 - $339,000 | $97,000 - $379,000 | -10% |
Local Market Factors
| Factor | West Palm Beach | Miami |
|---|---|---|
| Cost of Living Index | 110.2 | 128.3 |
| Commercial Rent ($/sqft/yr) | $20 - $42 | $25 - $65 |
| Labor Rate Index | 1.05 | 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 Spa?
Start your Spa LLC in — free registered agent for 1 year.
Form Your LLC for $0 + State Fee →Trusted by 500,000+ businesses · Excellent rating on Trustpilot