Self-Storage Facility Startup Cost Comparison

Pittsburgh, PA vs Houston, TX

Pittsburgh, PA

$356,000 - $4,237,000

COL Index: 96.5

VS

Houston, TX

$413,000 - $5,126,000

COL Index: 96.5

Detailed Cost Comparison

Expense Pittsburgh, PA Houston, TX Difference
Business Registration & Licenses
$500 - $3,000 $500 - $3,000 Same
Land & Building
$213,000 - $3,195,700 $273,900 - $4,108,700 -22%
Storage Units & Access
$95,000 - $760,000 $92,000 - $736,000 +3%
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)
$29,000 - $193,000 $29,000 - $193,000 Same
Total Estimated Cost $356,000 - $4,237,000 $413,000 - $5,126,000 -17%

Local Market Factors

Factor Pittsburgh Houston
Cost of Living Index 96.5 96.5
Commercial Rent ($/sqft/yr) $14 - $35 $18 - $45
Labor Rate Index 0.95 0.92
Sales Tax 7% 8.25%
Minimum Wage $7.25/hr $7.25/hr
LLC Filing Fee $125 $300

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