Grocery Store Startup Cost Comparison
Santa Fe, NM vs Houston, TX
Santa Fe, NM
$107,000 - $1,408,000
COL Index: 112.5
VS
Houston, TX
$110,000 - $1,469,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Santa Fe, NM | Houston, TX | Difference |
|---|---|---|---|
|
Business Registration & Permits
|
$1,600 - $10,000 | $1,900 - $10,000 | -3% |
|
Store Lease & Build-Out
|
$35,200 - $587,000 | $41,100 - $684,800 | -14% |
|
Refrigeration & Store Equipment
|
$20,000 - $300,000 | $20,000 - $300,000 | Same |
|
Initial Inventory
|
$15,000 - $200,000 | $15,000 - $200,000 | Same |
|
Business Insurance (Annual)
|
$5,000 - $20,000 | $5,000 - $20,000 | Same |
|
Initial Staffing
|
$5,100 - $51,000 | $4,600 - $46,000 | +11% |
|
Marketing & Grand Opening
|
$3,000 - $15,000 | $3,000 - $15,000 | Same |
|
Working Capital (3 Months)
|
$22,500 - $225,000 | $19,300 - $193,000 | +17% |
| Total Estimated Cost | $107,000 - $1,408,000 | $110,000 - $1,469,000 | -4% |
Local Market Factors
| Factor | Santa Fe | Houston |
|---|---|---|
| Cost of Living Index | 112.5 | 96.5 |
| Commercial Rent ($/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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