App Development Startup Cost Comparison

Federal Way, WA vs Chicago, IL

Federal Way, WA

$18,000 - $116,000

COL Index: 115.2

VS

Chicago, IL

$21,000 - $133,000

COL Index: 107.8

Detailed Cost Comparison

Expense Federal Way, WA Chicago, IL Difference
Business Registration & Legal
$2,000 - $7,400 $5,600 - $10,900 -43%
Development Hardware
$3,000 - $15,000 $3,000 - $15,000 Same
Software & Developer Tools
$1,000 - $8,000 $1,000 - $8,000 Same
Office or Coworking Space
$0 - $18,800 $0 - $35,200 -47%
Portfolio & Spec Projects
$0 - $10,000 $0 - $10,000 Same
Business Insurance (Annual)
$1,000 - $4,000 $1,000 - $4,000 Same
Marketing & Business Development
$2,000 - $12,000 $2,000 - $12,000 Same
Working Capital (3 Months)
$9,200 - $40,300 $8,600 - $37,700 +7%
Total Estimated Cost $18,000 - $116,000 $21,000 - $133,000 -13%

Local Market Factors

Factor Federal Way Chicago
Cost of Living Index 115.2 107.8
Commercial Rent ($/sqft/yr) $16 - $32 $25 - $65
Labor Rate Index 1.08 1.15
Sales Tax 10.1% 10.25%
Minimum Wage $16.28/hr $15.80/hr
LLC Filing Fee $180 $150

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