Construction Company Startup Cost Comparison
Federal Way, WA vs Houston, TX
Federal Way, WA
$62,000 - $528,000
COL Index: 115.2
VS
Houston, TX
$58,000 - $500,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Federal Way, WA | Houston, TX | Difference |
|---|---|---|---|
|
Licensing & Contractor License
|
$2,000 - $15,000 | $2,000 - $15,000 | Same |
|
Heavy Equipment & Tools
|
$15,000 - $200,000 | $15,000 - $200,000 | Same |
|
Trucks & Vehicles
|
$10,000 - $80,000 | $10,000 - $80,000 | Same |
|
Insurance & Bonding
|
$8,000 - $40,000 | $8,000 - $40,000 | Same |
|
Project Management & Estimating
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Marketing & Bid Preparation
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Working Capital (3-6 Months)
|
$23,000 - $172,800 | $19,300 - $144,800 | +19% |
| Total Estimated Cost | $62,000 - $528,000 | $58,000 - $500,000 | +6% |
Local Market Factors
| Factor | Federal Way | Houston |
|---|---|---|
| Cost of Living Index | 115.2 | 96.5 |
| Commercial Rent ($/sqft/yr) | $16 - $32 | $18 - $45 |
| Labor Rate Index | 1.08 | 0.92 |
| Sales Tax | 10.1% | 8.25% |
| Minimum Wage | $16.28/hr | $7.25/hr |
| LLC Filing Fee | $180 | $300 |
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