Auto Body Shop Startup Cost Comparison

Washington, DC vs Chicago, IL

Washington, DC

$68,000 - $391,000

COL Index: 148.7

VS

Chicago, IL

$56,000 - $326,000

COL Index: 107.8

Detailed Cost Comparison

Expense Washington, DC Chicago, IL Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$47,800 - $287,000 $39,100 - $234,800 +22%
Initial Supplies & Inventory
$7,500 - $45,000 $7,500 - $45,000 Same
Business Insurance (Annual)
$500 - $6,000 $500 - $6,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$11,200 - $44,600 $8,100 - $32,300 +38%
Total Estimated Cost $68,000 - $391,000 $56,000 - $326,000 +20%

Local Market Factors

Factor Washington Chicago
Cost of Living Index 148.7 107.8
Commercial Rent ($/sqft/yr) $30 - $80 $25 - $65
Labor Rate Index 1.42 1.15
Sales Tax 6% 10.25%
Minimum Wage $17.50/hr $15.80/hr
LLC Filing Fee $99 $150

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