Swim School Startup Cost Comparison

Austin, TX vs Miami, FL

Austin, TX

$50,000 - $292,000

COL Index: 105.2

VS

Miami, FL

$57,000 - $332,000

COL Index: 128.3

Detailed Cost Comparison

Expense Austin, TX Miami, FL Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$33,500 - $200,900 $39,100 - $234,800 -14%
Initial Supplies & Inventory
$7,500 - $45,000 $7,500 - $45,000 Same
Business Insurance (Annual)
$500 - $6,000 $500 - $6,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$7,900 - $31,600 $9,600 - $38,500 -18%
Total Estimated Cost $50,000 - $292,000 $57,000 - $332,000 -12%

Local Market Factors

Factor Austin Miami
Cost of Living Index 105.2 128.3
Commercial Rent ($/sqft/yr) $22 - $55 $25 - $65
Labor Rate Index 1.1 1.08
Sales Tax 8.25% 7%
Minimum Wage $7.25/hr $13.00/hr
LLC Filing Fee $300 $125

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