Bike Shop Startup Cost Comparison
Lakewood, CO vs Houston, TX
Lakewood, CO
$25,000 - $158,000
COL Index: 112.5
VS
Houston, TX
$26,000 - $171,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Lakewood, CO | Houston, TX | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$200 - $3,000 | $200 - $3,000 | Same |
|
Space & Equipment
|
$14,100 - $93,900 | $16,400 - $109,600 | -14% |
|
Initial Supplies & Inventory
|
$4,500 - $30,000 | $4,500 - $30,000 | Same |
|
Business Insurance (Annual)
|
$500 - $4,000 | $500 - $4,000 | Same |
|
Marketing & Launch
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Working Capital (3 Months)
|
$5,100 - $22,500 | $4,300 - $19,300 | +17% |
| Total Estimated Cost | $25,000 - $158,000 | $26,000 - $171,000 | -7% |
Local Market Factors
| Factor | Lakewood | Houston |
|---|---|---|
| Cost of Living Index | 112.5 | 96.5 |
| Commercial Rent ($/sqft/yr) | $16 - $38 | $18 - $45 |
| Labor Rate Index | 1.08 | 0.92 |
| Sales Tax | 7.5% | 8.25% |
| Minimum Wage | $14.42/hr | $7.25/hr |
| LLC Filing Fee | $50 | $300 |
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