Acupuncture Practice Startup Cost Comparison

Allen, TX vs Chicago, IL

Allen, TX

$10,000 - $60,000

COL Index: 104.5

VS

Chicago, IL

$12,000 - $74,000

COL Index: 107.8

Detailed Cost Comparison

Expense Allen, TX Chicago, IL Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$5,700 - $33,900 $7,800 - $47,000 -28%
Initial Supplies & Inventory
$1,500 - $9,000 $1,500 - $9,000 Same
Business Insurance (Annual)
$500 - $3,000 $500 - $3,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$1,600 - $6,300 $1,600 - $6,500 -2%
Total Estimated Cost $10,000 - $60,000 $12,000 - $74,000 -19%

Local Market Factors

Factor Allen Chicago
Cost of Living Index 104.5 107.8
Commercial Rent ($/sqft/yr) $20 - $45 $25 - $65
Labor Rate Index 1.05 1.15
Sales Tax 8.25% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $300 $150

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