Self-Storage Facility Startup Cost Comparison

Clarksville, TN vs Houston, TX

Clarksville, TN

$276,000 - $3,146,000

COL Index: 88.2

VS

Houston, TX

$413,000 - $5,126,000

COL Index: 96.5

Detailed Cost Comparison

Expense Clarksville, TN Houston, TX Difference
Business Registration & Licenses
$500 - $3,000 $500 - $3,000 Same
Land & Building
$147,800 - $2,217,400 $273,900 - $4,108,700 -46%
Storage Units & Access
$83,000 - $664,000 $92,000 - $736,000 -10%
Management Software & Security
$10,000 - $50,000 $10,000 - $50,000 Same
Business Insurance (Annual)
$5,000 - $20,000 $5,000 - $20,000 Same
Marketing & Visibility
$3,000 - $15,000 $3,000 - $15,000 Same
Working Capital (6 Months)
$26,500 - $176,400 $29,000 - $193,000 -9%
Total Estimated Cost $276,000 - $3,146,000 $413,000 - $5,126,000 -38%

Local Market Factors

Factor Clarksville Houston
Cost of Living Index 88.2 96.5
Commercial Rent ($/sqft/yr) $10 - $24 $18 - $45
Labor Rate Index 0.83 0.92
Sales Tax 9.5% 8.25%
Minimum Wage $7.25/hr $7.25/hr
LLC Filing Fee $300 $300

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