Moving Company Startup Cost Comparison
Newark, NJ vs Houston, TX
Newark, NJ
$36,000 - $183,000
COL Index: 115.2
VS
Houston, TX
$27,000 - $132,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Newark, NJ | Houston, TX | Difference |
|---|---|---|---|
|
Business Registration & Moving Licenses
|
$10,600 - $51,700 | $1,900 - $6,200 | +669% |
|
Moving Trucks
|
$10,000 - $60,000 | $10,000 - $60,000 | Same |
|
Moving Equipment & Supplies
|
$2,000 - $8,000 | $2,000 - $8,000 | Same |
|
Packing Supplies Inventory
|
$1,000 - $4,000 | $1,000 - $4,000 | Same |
|
Business & Cargo Insurance (Annual)
|
$5,000 - $18,000 | $5,000 - $18,000 | Same |
|
Marketing & Lead Generation
|
$2,000 - $12,000 | $2,000 - $12,000 | Same |
|
Working Capital (3 Months)
|
$5,800 - $28,800 | $4,800 - $24,100 | +20% |
| Total Estimated Cost | $36,000 - $183,000 | $27,000 - $132,000 | +38% |
Local Market Factors
| Factor | Newark | Houston |
|---|---|---|
| Cost of Living Index | 115.2 | 96.5 |
| Commercial Rent ($/sqft/yr) | $16 - $38 | $18 - $45 |
| Labor Rate Index | 1.14 | 0.92 |
| Sales Tax | 6.625% | 8.25% |
| Minimum Wage | $15.49/hr | $7.25/hr |
| LLC Filing Fee | $125 | $300 |
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