15 Stats About Hydroponic System Costs

  1. Small (less than 10,000 square feet) indoor vertical farms spend an average of $3.45 per square foot on energy, which is 12% of total operating expenses.
  2. For comparison, large (more than 10,000 square feet) indoor vertical farms spend an average of $8.02 per square foot on energy, which is 25% of total operating expenses.
  3. Small hydroponic farms spend on average 6% of total operating expenses on seeds, growing mediums, and nutrients.
  4. Conversely, large hydroponic farms spend an average of 13% of total operating expenses on seeds, growing mediums, and nutrients.
  5. Hydroponic farm systems generate an average revenue of $21.15 per square foot.
  6. Vertical farming systems earn an average of $41.16 per square foot, but that number can range anywhere from $2.13 to $100.
  7. Only 27% of indoor vertical farms make a profit. Meanwhile, half of all container farms are profitable.
  8. Hydroponic systems, regardless of what structure they’re used in, profit about 60% of the time.
  9. Leafy greens like lettuce are the most profitable crops to grow in hydroponic systems because they have some of the lowest operation costs. One square foot of lettuce costs about $20 to maintain.
  10. All hydroponic flower growers reported having profitable farms.
  11. Only 7% of indoor farms are container farms, probably due to the newness of the technology.
  12. 75% of farms that used a combination of farming systems were not profitable, meaning it’s best to stick to just one system like hydroponics.
  13. Hydroponically grown leafy greens and microgreens have the highest profit margins at 40%.
  14. On average, profitable indoor vertical farms make $14.88 per square foot after operational costs.
  15. Labor costs are typically the highest operating expense for all indoor farms. One small hydroponic farm spends on average 57% of its budget on labor.

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Pure Greens’ container-based grow systems offer a variety of interior layouts, sizes, and options so customers can create a farm that meets their needs.

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Pure Greens Arizona LLC

Pure Greens Arizona LLC

Pure Greens’ container-based grow systems offer a variety of interior layouts, sizes, and options so customers can create a farm that meets their needs.