Startup Costs in Florida

Data current as of May 2026

Florida draws entrepreneurs with no state income tax, year-round tourism demand, and a fast-growing population that creates new customers every month. The regulatory environment is generally business-friendly, though flood insurance and hurricane preparedness add costs that inland states avoid entirely.

Florida (FL) by the Numbers

LLC Filing Fee
$125
Annual Report
$138.75
State Income Tax
None
Sales Tax
6.00%
Min Wage
$14.00/hr
Cost of Living
1.03x
Labor Cost
0.97x
Rent Index
1.05x

What Florida's Numbers Mean for Founders

  • Florida has no state income tax, which lowers your take-home tax burden compared to most states.
Capital: Tallahassee
Major metros: Miami, Tampa, Orlando, Jacksonville
Top industries: Tourism, Real Estate, Agriculture, Aerospace

Florida Cost Guides (10)