Clothing Store Startup Cost Comparison
Santa Fe, NM vs Houston, TX
Santa Fe, NM
$21,000 - $121,000
COL Index: 112.5
VS
Houston, TX
$22,000 - $130,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Santa Fe, NM | Houston, TX | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$200 - $3,000 | $200 - $3,000 | Same |
|
Space & Equipment
|
$11,700 - $70,400 | $13,700 - $82,200 | -14% |
|
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)
|
$4,200 - $16,900 | $3,600 - $14,500 | +17% |
| Total Estimated Cost | $21,000 - $121,000 | $22,000 - $130,000 | -7% |
Local Market Factors
| Factor | Santa Fe | Houston |
|---|---|---|
| Cost of Living Index | 112.5 | 96.5 |
| Commercial Rent ($/sqft/yr) | $16 - $38 | $18 - $45 |
| Labor Rate Index | 1.02 | 0.92 |
| Sales Tax | 8.4375% | 8.25% |
| Minimum Wage | $14.60/hr | $7.25/hr |
| LLC Filing Fee | $50 | $300 |
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