Bakery Startup Cost Comparison

Columbia, MO vs Chicago, IL

Columbia, MO

$48,000 - $209,000

COL Index: 91.8

VS

Chicago, IL

$66,000 - $276,000

COL Index: 107.8

Detailed Cost Comparison

Expense Columbia, MO Chicago, IL Difference
Business Registration & Licenses
$800 - $3,400 $5,600 - $10,900 -75%
Commercial Lease (First + Last + Security)
$4,800 - $24,100 $11,700 - $58,700 -59%
Baking Equipment & Fixtures
$15,000 - $75,000 $15,000 - $75,000 Same
Initial Ingredients & Packaging
$2,000 - $6,000 $2,000 - $6,000 Same
Interior Build-Out & Kitchen Renovation
$12,800 - $55,300 $17,300 - $74,800 -26%
Business Insurance (Annual)
$2,000 - $6,000 $2,000 - $6,000 Same
Marketing & Grand Opening
$1,500 - $7,000 $1,500 - $7,000 Same
Working Capital (3 Months)
$9,200 - $32,100 $10,800 - $37,700 -15%
Total Estimated Cost $48,000 - $209,000 $66,000 - $276,000 -25%

Local Market Factors

Factor Columbia Chicago
Cost of Living Index 91.8 107.8
Commercial Rent ($/sqft/yr) $11 - $26 $25 - $65
Labor Rate Index 0.85 1.15
Sales Tax 8.975% 10.25%
Minimum Wage $13.75/hr $15.80/hr
LLC Filing Fee $50 $150

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