Hydroponic System Costs
Hydroponic systems rely on air and water instead of soil. They yield up to 30% more than soil. A small, simple system costs $50-$500. Medium systems cost a minimum of several hundred dollars. Large systems cost thousands of dollars.
Greenhouse Costs
A 1,000-square-foot greenhouse costs around $35,000. This includes water and electrical work. Kits cost $1,000-$5,000 but may be less durable. Building costs $25,000-$200,000. Location impacts cost. Planning is vital for quality yield.
Types of Hydroponic Systems
- Deep water culture submerges roots.
- Drip systems slowly feed nutrients.
- Ebb and flow floods then drains media.
- Nutrient film technique flows a thin film of nutrient solution.
- Aeroponics mists roots with nutrients.
- Wicking systems use absorbent media.
Additional Information
- Technology costs $50-$10,000.
- Profitable vertical farms make $14.88 per square foot after costs.
- Labor is the highest expense.
- Needs include clean water, location, fertilizer, time, and knowledge.
- Recouping investment takes a few years with good planning, management, and market conditions.