Pharmacy Startup Cost Comparison

Jacksonville, FL vs Houston, TX

Jacksonville, FL

$268,000 - $1,406,000

COL Index: 96.2

VS

Houston, TX

$283,000 - $1,493,000

COL Index: 96.5

Detailed Cost Comparison

Expense Jacksonville, FL Houston, TX Difference
Licensing & DEA Registration
$5,000 - $20,000 $5,000 - $20,000 Same
Retail Space & Build-Out
$54,300 - $326,100 $68,500 - $410,900 -21%
Initial Inventory
$100,000 - $600,000 $100,000 - $600,000 Same
Pharmacy Equipment & Technology
$30,000 - $150,000 $30,000 - $150,000 Same
Insurance & Bonding
$8,000 - $25,000 $8,000 - $25,000 Same
Initial Staffing & Training
$18,000 - $72,000 $18,400 - $73,600 -2%
Marketing & Launch
$5,000 - $20,000 $5,000 - $20,000 Same
Working Capital (3 Months)
$48,100 - $192,400 $48,300 - $193,000 Same
Total Estimated Cost $268,000 - $1,406,000 $283,000 - $1,493,000 -6%

Local Market Factors

Factor Jacksonville Houston
Cost of Living Index 96.2 96.5
Commercial Rent ($/sqft/yr) $15 - $35 $18 - $45
Labor Rate Index 0.9 0.92
Sales Tax 7.5% 8.25%
Minimum Wage $13.00/hr $7.25/hr
LLC Filing Fee $125 $300

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