Acupuncture Practice Startup Cost Comparison
Seattle, WA vs Chicago, IL
Seattle, WA
$14,000 - $81,000
COL Index: 147.1
VS
Chicago, IL
$12,000 - $74,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Seattle, WA | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$200 - $3,000 | $200 - $3,000 | Same |
|
Space & Equipment
|
$8,700 - $52,200 | $7,800 - $47,000 | +11% |
|
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)
|
$2,200 - $8,800 | $1,600 - $6,500 | +36% |
| Total Estimated Cost | $14,000 - $81,000 | $12,000 - $74,000 | +10% |
Local Market Factors
| Factor | Seattle | Chicago |
|---|---|---|
| Cost of Living Index | 147.1 | 107.8 |
| Commercial Rent ($/sqft/yr) | $28 - $72 | $25 - $65 |
| Labor Rate Index | 1.4 | 1.15 |
| Sales Tax | 10.25% | 10.25% |
| Minimum Wage | $19.97/hr | $15.80/hr |
| LLC Filing Fee | $200 | $150 |
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