Tire Shop Startup Cost Comparison
Washington, DC vs Houston, TX
Washington, DC
$73,000 - $362,000
COL Index: 148.7
VS
Houston, TX
$56,000 - $270,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Washington, DC | Houston, TX | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$3,800 - $12,300 | $1,900 - $6,200 | +99% |
|
Facility Lease (First + Last + Security)
|
$21,500 - $129,100 | $12,300 - $74,000 | +75% |
|
Tire Service Equipment
|
$15,000 - $65,000 | $15,000 - $65,000 | Same |
|
Initial Tire Inventory
|
$10,000 - $50,000 | $10,000 - $50,000 | Same |
|
Facility Build-Out
|
$7,100 - $42,600 | $4,600 - $27,600 | +54% |
|
Business Insurance (Annual)
|
$2,500 - $10,000 | $2,500 - $10,000 | Same |
|
Marketing & Signage
|
$1,500 - $8,000 | $1,500 - $8,000 | Same |
|
Working Capital (3 Months)
|
$11,900 - $44,600 | $7,700 - $29,000 | +54% |
| Total Estimated Cost | $73,000 - $362,000 | $56,000 - $270,000 | +33% |
Local Market Factors
| Factor | Washington | Houston |
|---|---|---|
| Cost of Living Index | 148.7 | 96.5 |
| Commercial Rent ($/sqft/yr) | $30 - $80 | $18 - $45 |
| Labor Rate Index | 1.42 | 0.92 |
| Sales Tax | 6% | 8.25% |
| Minimum Wage | $17.50/hr | $7.25/hr |
| LLC Filing Fee | $99 | $300 |
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