Pharmacy Startup Cost Comparison

Sunrise, FL vs Houston, TX

Sunrise, FL

$272,000 - $1,415,000

COL Index: 104.5

VS

Houston, TX

$283,000 - $1,493,000

COL Index: 96.5

Detailed Cost Comparison

Expense Sunrise, FL Houston, TX Difference
Licensing & DEA Registration
$5,000 - $20,000 $5,000 - $20,000 Same
Retail Space & Build-Out
$52,200 - $313,000 $68,500 - $410,900 -24%
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
$19,600 - $78,400 $18,400 - $73,600 +7%
Marketing & Launch
$5,000 - $20,000 $5,000 - $20,000 Same
Working Capital (3 Months)
$52,300 - $209,000 $48,300 - $193,000 +8%
Total Estimated Cost $272,000 - $1,415,000 $283,000 - $1,493,000 -5%

Local Market Factors

Factor Sunrise Houston
Cost of Living Index 104.5 96.5
Commercial Rent ($/sqft/yr) $16 - $32 $18 - $45
Labor Rate Index 0.98 0.92
Sales Tax 7% 8.25%
Minimum Wage $13.00/hr $7.25/hr
LLC Filing Fee $125 $300

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