Gift Shop Startup Cost Comparison

Tyler, TX vs Houston, TX

Tyler, TX

$27,000 - $126,000

COL Index: 87.5

VS

Houston, TX

$31,000 - $149,000

COL Index: 96.5

Detailed Cost Comparison

Expense Tyler, TX Houston, TX Difference
Business Registration & Permits
$1,300 - $4,900 $1,900 - $6,200 -23%
Commercial Lease (First + Last + Security)
$2,700 - $20,000 $4,900 - $37,000 -46%
Initial Inventory
$10,000 - $40,000 $10,000 - $40,000 Same
Store Build-Out & Display
$4,100 - $24,600 $4,600 - $27,600 -11%
POS System & E-Commerce
$1,000 - $5,000 $1,000 - $5,000 Same
Business Insurance (Annual)
$1,200 - $4,000 $1,200 - $4,000 Same
Marketing & Seasonal Promotion
$1,500 - $8,000 $1,500 - $8,000 Same
Working Capital (3 Months)
$5,300 - $19,300 $5,800 - $21,200 -9%
Total Estimated Cost $27,000 - $126,000 $31,000 - $149,000 -15%

Local Market Factors

Factor Tyler Houston
Cost of Living Index 87.5 96.5
Commercial Rent ($/sqft/yr) $10 - $24 $18 - $45
Labor Rate Index 0.82 0.92
Sales Tax 8.25% 8.25%
Minimum Wage $7.25/hr $7.25/hr
LLC Filing Fee $300 $300

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