Bakery Startup Cost Comparison

Omaha, NE vs Chicago, IL

Omaha, NE

$49,000 - $216,000

COL Index: 92.8

VS

Chicago, IL

$66,000 - $276,000

COL Index: 107.8

Detailed Cost Comparison

Expense Omaha, NE Chicago, IL Difference
Business Registration & Licenses
$800 - $3,900 $5,600 - $10,900 -72%
Commercial Lease (First + Last + Security)
$5,600 - $28,000 $11,700 - $58,700 -52%
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
$13,200 - $57,200 $17,300 - $74,800 -24%
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)
$9,300 - $32,500 $10,800 - $37,700 -14%
Total Estimated Cost $49,000 - $216,000 $66,000 - $276,000 -23%

Local Market Factors

Factor Omaha Chicago
Cost of Living Index 92.8 107.8
Commercial Rent ($/sqft/yr) $13 - $30 $25 - $65
Labor Rate Index 0.88 1.15
Sales Tax 7% 10.25%
Minimum Wage $12.00/hr $15.80/hr
LLC Filing Fee $100 $150

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