Gas Station Startup Cost Comparison

Ann Arbor, MI vs Houston, TX

Ann Arbor, MI

$201,000 - $1,538,000

COL Index: 108

VS

Houston, TX

$212,000 - $1,637,000

COL Index: 96.5

Detailed Cost Comparison

Expense Ann Arbor, MI Houston, TX Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$121,700 - $973,900 $137,000 - $1,095,700 -11%
Initial Supplies & Inventory
$37,500 - $300,000 $37,500 - $300,000 Same
Business Insurance (Annual)
$500 - $40,000 $500 - $40,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$40,500 - $216,000 $36,200 - $193,000 +12%
Total Estimated Cost $201,000 - $1,538,000 $212,000 - $1,637,000 -6%

Local Market Factors

Factor Ann Arbor Houston
Cost of Living Index 108 96.5
Commercial Rent ($/sqft/yr) $18 - $38 $18 - $45
Labor Rate Index 1.05 0.92
Sales Tax 6% 8.25%
Minimum Wage $10.33/hr $7.25/hr
LLC Filing Fee $50 $300

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