Plant Nursery Startup Cost Comparison
Lakewood, CO vs Houston, TX
Lakewood, CO
$28,000 - $170,000
COL Index: 112.5
VS
Houston, TX
$28,000 - $170,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Lakewood, CO | Houston, TX | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,400 - $6,100 | $1,900 - $6,200 | -7% |
|
Land Lease or Property
|
$5,900 - $47,000 | $6,800 - $54,800 | -14% |
|
Initial Plant Inventory
|
$5,000 - $35,000 | $5,000 - $35,000 | Same |
|
Shade Houses, Hoop Houses & Retail Building
|
$5,400 - $32,400 | $4,600 - $27,600 | +17% |
|
Irrigation System
|
$2,000 - $12,000 | $2,000 - $12,000 | Same |
|
Equipment & Supplies
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Marketing & Signage
|
$1,000 - $5,000 | $1,000 - $5,000 | Same |
|
Working Capital (3 Months)
|
$5,600 - $22,500 | $4,800 - $19,300 | +17% |
| Total Estimated Cost | $28,000 - $170,000 | $28,000 - $170,000 | Same |
Local Market Factors
| Factor | Lakewood | Houston |
|---|---|---|
| Cost of Living Index | 112.5 | 96.5 |
| Commercial Rent ($/sqft/yr) | $16 - $38 | $18 - $45 |
| Labor Rate Index | 1.08 | 0.92 |
| Sales Tax | 7.5% | 8.25% |
| Minimum Wage | $14.42/hr | $7.25/hr |
| LLC Filing Fee | $50 | $300 |
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