Winery Startup Cost Comparison

Port St. Lucie, FL vs Miami, FL

Port St. Lucie, FL

$72,000 - $819,000

COL Index: 98.4

VS

Miami, FL

$92,000 - $1,233,000

COL Index: 128.3

Detailed Cost Comparison

Expense Port St. Lucie, FL Miami, FL Difference
Business Registration & Alcohol Licenses
$2,000 - $10,000 $2,600 - $10,000 -5%
Vineyard or Grape Supply
$7,800 - $234,800 $19,600 - $587,000 -60%
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
$9,200 - $92,000 $10,800 - $108,000 -15%
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)
$19,700 - $147,600 $25,700 - $192,500 -23%
Total Estimated Cost $72,000 - $819,000 $92,000 - $1,233,000 -33%

Local Market Factors

Factor Port St. Lucie Miami
Cost of Living Index 98.4 128.3
Commercial Rent ($/sqft/yr) $12 - $24 $25 - $65
Labor Rate Index 0.92 1.08
Sales Tax 7% 7%
Minimum Wage $13.00/hr $13.00/hr
LLC Filing Fee $125 $125

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