Brewery Startup Cost Comparison

Hialeah, FL vs Chicago, IL

Hialeah, FL

$202,000 - $1,137,000

COL Index: 102.8

VS

Chicago, IL

$279,000 - $1,594,000

COL Index: 107.8

Detailed Cost Comparison

Expense Hialeah, FL Chicago, IL Difference
Business Registration & Licenses
$500 - $5,000 $500 - $5,000 Same
Commercial Space & Build-Out
$71,700 - $430,400 $146,700 - $880,400 -51%
Equipment & Fixtures
$62,500 - $375,000 $62,500 - $375,000 Same
Initial Inventory & Supplies
$25,000 - $150,000 $25,000 - $150,000 Same
Business Insurance (Annual)
$2,000 - $12,000 $2,000 - $12,000 Same
Marketing & Grand Opening
$2,000 - $10,000 $2,000 - $10,000 Same
Working Capital (3 Months)
$38,600 - $154,200 $40,400 - $161,700 -5%
Total Estimated Cost $202,000 - $1,137,000 $279,000 - $1,594,000 -29%

Local Market Factors

Factor Hialeah Chicago
Cost of Living Index 102.8 107.8
Commercial Rent ($/sqft/yr) $14 - $30 $25 - $65
Labor Rate Index 0.96 1.15
Sales Tax 7% 10.25%
Minimum Wage $13.00/hr $15.80/hr
LLC Filing Fee $125 $150

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