Convenience Store Startup Cost Comparison
Federal Way, WA vs Houston, TX
Federal Way, WA
$46,000 - $299,000
COL Index: 115.2
VS
Houston, TX
$50,000 - $327,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Federal Way, WA | Houston, TX | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Commercial Space & Build-Out
|
$15,700 - $109,600 | $20,500 - $143,800 | -24% |
|
Equipment & Fixtures
|
$12,500 - $87,500 | $12,500 - $87,500 | Same |
|
Initial Inventory & Supplies
|
$5,000 - $35,000 | $5,000 - $35,000 | Same |
|
Business Insurance (Annual)
|
$2,000 - $12,000 | $2,000 - $12,000 | Same |
|
Marketing & Grand Opening
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Working Capital (3 Months)
|
$8,600 - $40,300 | $7,200 - $33,800 | +19% |
| Total Estimated Cost | $46,000 - $299,000 | $50,000 - $327,000 | -8% |
Local Market Factors
| Factor | Federal Way | Houston |
|---|---|---|
| Cost of Living Index | 115.2 | 96.5 |
| Commercial Rent ($/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 |
View Full Details
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