Security Company Startup Cost Comparison
Federal Way, WA vs Houston, TX
Federal Way, WA
$17,000 - $111,000
COL Index: 115.2
VS
Houston, TX
$16,000 - $105,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Federal Way, WA | Houston, TX | Difference |
|---|---|---|---|
|
Licensing & Registration
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Uniforms & Equipment
|
$2,000 - $15,000 | $2,000 - $15,000 | Same |
|
Patrol Vehicle
|
$2,000 - $20,000 | $2,000 - $20,000 | Same |
|
Insurance & Bonding
|
$3,000 - $15,000 | $3,000 - $15,000 | Same |
|
Guard Training Program
|
$1,000 - $8,000 | $1,000 - $8,000 | Same |
|
Marketing & Contract Bidding
|
$1,000 - $8,000 | $1,000 - $8,000 | Same |
|
Working Capital (2 Months)
|
$5,800 - $34,600 | $4,800 - $29,000 | +20% |
| Total Estimated Cost | $17,000 - $111,000 | $16,000 - $105,000 | +6% |
Local Market Factors
| Factor | Federal Way | Houston |
|---|---|---|
| Cost of Living Index | 115.2 | 96.5 |
| Commercial Rent ($/sqft/yr) | $16 - $32 | $18 - $45 |
| Labor Rate Index | 1.08 | 0.92 |
| Sales Tax | 10.1% | 8.25% |
| Minimum Wage | $16.28/hr | $7.25/hr |
| LLC Filing Fee | $180 | $300 |
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