Pet Store Startup Cost Comparison

Wilmington, NC vs Houston, TX

Wilmington, NC

$50,000 - $257,000

COL Index: 99.8

VS

Houston, TX

$53,000 - $274,000

COL Index: 96.5

Detailed Cost Comparison

Expense Wilmington, NC Houston, TX Difference
Business Registration & Licenses
$1,400 - $6,100 $1,900 - $6,200 -7%
Commercial Lease (First + Last + Security)
$5,500 - $41,100 $8,200 - $61,600 -33%
Initial Inventory
$15,000 - $60,000 $15,000 - $60,000 Same
Store Build-Out & Fixtures
$9,500 - $61,800 $9,200 - $59,800 +3%
Specialized Equipment
$5,000 - $30,000 $5,000 - $30,000 Same
Business Insurance (Annual)
$2,000 - $8,000 $2,000 - $8,000 Same
Marketing & Grand Opening
$2,000 - $10,000 $2,000 - $10,000 Same
Working Capital (3 Months)
$10,000 - $39,900 $9,700 - $38,600 +3%
Total Estimated Cost $50,000 - $257,000 $53,000 - $274,000 -6%

Local Market Factors

Factor Wilmington Houston
Cost of Living Index 99.8 96.5
Commercial Rent ($/sqft/yr) $14 - $28 $18 - $45
Labor Rate Index 0.95 0.92
Sales Tax 7% 8.25%
Minimum Wage $7.25/hr $7.25/hr
LLC Filing Fee $125 $300

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