Lavender Farm Startup Cost Comparison

Lorain, OH vs Houston, TX

Lorain, OH

$12,000 - $59,000

COL Index: 84.5

VS

Houston, TX

$18,000 - $91,000

COL Index: 96.5

Detailed Cost Comparison

Expense Lorain, OH Houston, TX Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$4,900 - $24,300 $11,000 - $54,800 -56%
Initial Supplies & Inventory
$3,000 - $15,000 $3,000 - $15,000 Same
Business Insurance (Annual)
$500 - $3,000 $500 - $3,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$2,500 - $8,500 $2,900 - $9,700 -13%
Total Estimated Cost $12,000 - $59,000 $18,000 - $91,000 -35%

Local Market Factors

Factor Lorain Houston
Cost of Living Index 84.5 96.5
Commercial Rent ($/sqft/yr) $8 - $20 $18 - $45
Labor Rate Index 0.78 0.92
Sales Tax 7.75% 8.25%
Minimum Wage $10.45/hr $7.25/hr
LLC Filing Fee $99 $300

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