Smoke Shop Startup Cost Comparison

Joliet, IL vs Houston, TX

Joliet, IL

$20,000 - $97,000

COL Index: 93.5

VS

Houston, TX

$26,000 - $130,000

COL Index: 96.5

Detailed Cost Comparison

Expense Joliet, IL Houston, TX Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$9,900 - $49,600 $16,400 - $82,200 -40%
Initial Supplies & Inventory
$4,500 - $22,500 $4,500 - $22,500 Same
Business Insurance (Annual)
$500 - $3,000 $500 - $3,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$4,200 - $14,000 $4,300 - $14,500 -3%
Total Estimated Cost $20,000 - $97,000 $26,000 - $130,000 -25%

Local Market Factors

Factor Joliet Houston
Cost of Living Index 93.5 96.5
Commercial Rent ($/sqft/yr) $12 - $26 $18 - $45
Labor Rate Index 0.92 0.92
Sales Tax 8% 8.25%
Minimum Wage $14.00/hr $7.25/hr
LLC Filing Fee $150 $300

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