Bar Startup Cost Comparison

Hilo, HI vs Houston, TX

Hilo, HI

$100,000 - $404,000

COL Index: 170.5

VS

Houston, TX

$84,000 - $349,000

COL Index: 96.5

Detailed Cost Comparison

Expense Hilo, HI Houston, TX Difference
Business Registration & Liquor License
$2,000 - $15,000 $2,000 - $15,000 Same
Commercial Lease (First + Last + Security)
$11,300 - $66,200 $12,300 - $71,900 -8%
Bar Equipment & Fixtures
$15,000 - $60,000 $15,000 - $60,000 Same
Initial Liquor & Beverage Inventory
$8,000 - $25,000 $8,000 - $25,000 Same
Interior Build-Out & Renovation
$28,800 - $115,000 $23,000 - $92,000 +25%
Sound System & Security
$5,000 - $25,000 $5,000 - $25,000 Same
Business Insurance (Annual)
$4,000 - $12,000 $4,000 - $12,000 Same
Working Capital (3 Months)
$25,600 - $85,300 $14,500 - $48,300 +77%
Total Estimated Cost $100,000 - $404,000 $84,000 - $349,000 +16%

Local Market Factors

Factor Hilo Houston
Cost of Living Index 170.5 96.5
Commercial Rent ($/sqft/yr) $18 - $40 $18 - $45
Labor Rate Index 1.15 0.92
Sales Tax 4.5% 8.25%
Minimum Wage $14.00/hr $7.25/hr
LLC Filing Fee $50 $300

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