Winery Startup Cost Comparison

Greenville, SC vs Miami, FL

Greenville, SC

$72,000 - $828,000

COL Index: 94.6

VS

Miami, FL

$92,000 - $1,233,000

COL Index: 128.3

Detailed Cost Comparison

Expense Greenville, SC Miami, FL Difference
Business Registration & Alcohol Licenses
$2,000 - $10,000 $2,600 - $10,000 -5%
Vineyard or Grape Supply
$8,300 - $247,800 $19,600 - $587,000 -58%
Winemaking Equipment
$20,000 - $200,000 $20,000 - $200,000 Same
Barrels & Storage
$5,000 - $80,000 $5,000 - $80,000 Same
Tasting Room Build-Out
$9,300 - $93,000 $10,800 - $108,000 -14%
Bottles, Labels & Packaging
$3,000 - $30,000 $3,000 - $30,000 Same
Winery Insurance (Annual)
$5,000 - $25,000 $5,000 - $25,000 Same
Working Capital (12 Months)
$18,900 - $141,900 $25,700 - $192,500 -26%
Total Estimated Cost $72,000 - $828,000 $92,000 - $1,233,000 -32%

Local Market Factors

Factor Greenville Miami
Cost of Living Index 94.6 128.3
Commercial Rent ($/sqft/yr) $12 - $26 $25 - $65
Labor Rate Index 0.93 1.08
Sales Tax 7% 7%
Minimum Wage $7.25/hr $13.00/hr
LLC Filing Fee $110 $125

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