Self-Storage Facility Startup Cost Comparison

Garland, TX vs Houston, TX

Garland, TX

$301,000 - $3,470,000

COL Index: 91.8

VS

Houston, TX

$413,000 - $5,126,000

COL Index: 96.5

Detailed Cost Comparison

Expense Garland, TX Houston, TX Difference
Business Registration & Licenses
$500 - $3,000 $500 - $3,000 Same
Land & Building
$165,200 - $2,478,300 $273,900 - $4,108,700 -40%
Storage Units & Access
$90,000 - $720,000 $92,000 - $736,000 -2%
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)
$27,500 - $183,600 $29,000 - $193,000 -5%
Total Estimated Cost $301,000 - $3,470,000 $413,000 - $5,126,000 -32%

Local Market Factors

Factor Garland Houston
Cost of Living Index 91.8 96.5
Commercial Rent ($/sqft/yr) $12 - $26 $18 - $45
Labor Rate Index 0.9 0.92
Sales Tax 8.25% 8.25%
Minimum Wage $7.25/hr $7.25/hr
LLC Filing Fee $300 $300

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