Pawn Shop Startup Cost Comparison
Pocatello, ID vs Houston, TX
Pocatello, ID
$26,000 - $104,000
COL Index: 90.5
VS
Houston, TX
$43,000 - $171,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Pocatello, ID | Houston, TX | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$200 - $3,000 | $200 - $3,000 | Same |
|
Space & Equipment
|
$10,900 - $43,500 | $27,400 - $109,600 | -60% |
|
Initial Supplies & Inventory
|
$7,500 - $30,000 | $7,500 - $30,000 | Same |
|
Business Insurance (Annual)
|
$500 - $4,000 | $500 - $4,000 | Same |
|
Marketing & Launch
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Working Capital (3 Months)
|
$6,800 - $18,100 | $7,200 - $19,300 | -6% |
| Total Estimated Cost | $26,000 - $104,000 | $43,000 - $171,000 | -39% |
Local Market Factors
| Factor | Pocatello | Houston |
|---|---|---|
| Cost of Living Index | 90.5 | 96.5 |
| Commercial Rent ($/sqft/yr) | $8 - $17 | $18 - $45 |
| Labor Rate Index | 0.85 | 0.92 |
| Sales Tax | 6% | 8.25% |
| Minimum Wage | $7.25/hr | $7.25/hr |
| LLC Filing Fee | $100 | $300 |
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