Candy Shop Startup Cost Comparison

Allen, TX vs Chicago, IL

Allen, TX

$23,000 - $115,000

COL Index: 104.5

VS

Chicago, IL

$26,000 - $132,000

COL Index: 107.8

Detailed Cost Comparison

Expense Allen, TX Chicago, IL Difference
Business Registration & Licenses
$500 - $5,000 $500 - $5,000 Same
Commercial Space & Build-Out
$8,500 - $42,400 $11,700 - $58,700 -28%
Equipment & Fixtures
$5,000 - $25,000 $5,000 - $25,000 Same
Initial Inventory & Supplies
$2,000 - $10,000 $2,000 - $10,000 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)
$3,100 - $10,500 $3,200 - $10,800 -3%
Total Estimated Cost $23,000 - $115,000 $26,000 - $132,000 -13%

Local Market Factors

Factor Allen Chicago
Cost of Living Index 104.5 107.8
Commercial Rent ($/sqft/yr) $20 - $45 $25 - $65
Labor Rate Index 1.05 1.15
Sales Tax 8.25% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $300 $150

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