After-School Program Startup Cost Comparison
Providence, RI vs Houston, TX
Providence, RI
$20,000 - $114,000
COL Index: 106.3
VS
Houston, TX
$20,000 - $118,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Providence, RI | Houston, TX | Difference |
|---|---|---|---|
|
Business Registration & Licensing
|
$1,900 - $6,300 | $1,900 - $6,200 | +1% |
|
Facility Lease (First + Last + Security)
|
$3,000 - $24,000 | $4,100 - $32,900 | -27% |
|
Space Setup & Renovation
|
$3,200 - $18,900 | $2,800 - $16,600 | +14% |
|
Equipment & Supplies
|
$3,000 - $12,000 | $3,000 - $12,000 | Same |
|
Business Insurance (Annual)
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Transportation (Optional)
|
$0 - $12,000 | $0 - $12,000 | Same |
|
Marketing & Parent Outreach
|
$1,500 - $6,000 | $1,500 - $6,000 | Same |
|
Working Capital (3 Months)
|
$5,300 - $26,600 | $4,800 - $24,100 | +10% |
| Total Estimated Cost | $20,000 - $114,000 | $20,000 - $118,000 | -3% |
Local Market Factors
| Factor | Providence | Houston |
|---|---|---|
| Cost of Living Index | 106.3 | 96.5 |
| Commercial Rent ($/sqft/yr) | $14 - $32 | $18 - $45 |
| Labor Rate Index | 1.05 | 0.92 |
| Sales Tax | 7% | 8.25% |
| Minimum Wage | $15.00/hr | $7.25/hr |
| LLC Filing Fee | $150 | $300 |
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