Restaurant Startup Cost Comparison
Akron, OH vs Houston, TX
Akron, OH
$71,000 - $276,000
COL Index: 86
VS
Houston, TX
$82,000 - $325,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Akron, OH | Houston, TX | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$800 - $5,000 | $1,900 - $6,200 | -28% |
|
Commercial Lease (First + Last + Security)
|
$5,100 - $25,400 | $12,300 - $61,600 | -59% |
|
Kitchen Equipment & Fixtures
|
$25,000 - $100,000 | $25,000 - $100,000 | Same |
|
Initial Food & Beverage Inventory
|
$5,000 - $15,000 | $5,000 - $15,000 | Same |
|
Interior Build-Out & Renovation
|
$17,000 - $68,000 | $18,400 - $73,600 | -8% |
|
Business Insurance (Annual)
|
$3,000 - $10,000 | $3,000 - $10,000 | Same |
|
Marketing & Grand Opening
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Working Capital (3 Months)
|
$12,900 - $43,000 | $14,500 - $48,300 | -11% |
| Total Estimated Cost | $71,000 - $276,000 | $82,000 - $325,000 | -15% |
Local Market Factors
| Factor | Akron | Houston |
|---|---|---|
| Cost of Living Index | 86 | 96.5 |
| Commercial Rent ($/sqft/yr) | $8 - $18 | $18 - $45 |
| Labor Rate Index | 0.85 | 0.92 |
| Sales Tax | 6.75% | 8.25% |
| Minimum Wage | $10.45/hr | $7.25/hr |
| LLC Filing Fee | $99 | $300 |
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