Aquaponics Farm Startup Cost Comparison

Bend, OR vs Chicago, IL

Bend, OR

$19,000 - $147,000

COL Index: 122.5

VS

Chicago, IL

$23,000 - $150,000

COL Index: 107.8

Detailed Cost Comparison

Expense Bend, OR Chicago, IL Difference
Business Registration & Licenses
$2,000 - $7,800 $5,600 - $10,900 -41%
Aquaponics System & Tanks
$5,000 - $50,000 $5,000 - $50,000 Same
Greenhouse or Growing Structure
$5,400 - $43,200 $5,800 - $46,000 -6%
Fish Stock & Feed
$500 - $5,000 $500 - $5,000 Same
Seeds, Seedlings & Growing Supplies
$500 - $3,000 $500 - $3,000 Same
Water Quality Monitoring & Controls
$1,000 - $8,000 $1,000 - $8,000 Same
Insurance & Marketing
$1,000 - $5,000 $1,000 - $5,000 Same
Working Capital (3 Months)
$3,700 - $24,500 $3,200 - $21,600 +14%
Total Estimated Cost $19,000 - $147,000 $23,000 - $150,000 -4%

Local Market Factors

Factor Bend Chicago
Cost of Living Index 122.5 107.8
Commercial Rent ($/sqft/yr) $18 - $40 $25 - $65
Labor Rate Index 1.08 1.15
Sales Tax 0% 10.25%
Minimum Wage $14.70/hr $15.80/hr
LLC Filing Fee $100 $150

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