Clothing Store Startup Cost Comparison

Plano, TX vs Los Angeles, CA

Plano, TX

$21,000 - $122,000

COL Index: 104.5

VS

Los Angeles, CA

$36,000 - $209,000

COL Index: 166.5

Detailed Cost Comparison

Expense Plano, TX Los Angeles, CA Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$12,200 - $73,000 $25,000 - $150,000 -51%
Initial Supplies & Inventory
$3,800 - $22,500 $3,800 - $22,500 Same
Business Insurance (Annual)
$500 - $3,000 $500 - $3,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$3,900 - $15,700 $6,200 - $25,000 -37%
Total Estimated Cost $21,000 - $122,000 $36,000 - $209,000 -42%

Local Market Factors

Factor Plano Los Angeles
Cost of Living Index 104.5 166.5
Commercial Rent ($/sqft/yr) $18 - $38 $30 - $85
Labor Rate Index 1.05 1.35
Sales Tax 8.25% 9.5%
Minimum Wage $7.25/hr $16.78/hr
LLC Filing Fee $300 $70

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