Car Wash Startup Cost Comparison
Colorado Springs, CO vs Chicago, IL
Colorado Springs, CO
$78,000 - $487,000
COL Index: 105.2
VS
Chicago, IL
$102,000 - $580,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Colorado Springs, CO | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$900 - $4,100 | $5,600 - $10,900 | -70% |
|
Facility Lease or Land (First Year)
|
$19,200 - $76,700 | $35,200 - $140,900 | -46% |
|
Car Wash Equipment
|
$25,000 - $200,000 | $25,000 - $200,000 | Same |
|
Site Construction & Build-Out
|
$14,700 - $117,600 | $17,300 - $138,000 | -15% |
|
Water & Environmental Systems
|
$5,000 - $30,000 | $5,000 - $30,000 | Same |
|
Business Insurance (Annual)
|
$3,000 - $12,000 | $3,000 - $12,000 | Same |
|
Marketing & Signage
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Working Capital (3 Months)
|
$8,400 - $36,800 | $8,600 - $37,700 | -2% |
| Total Estimated Cost | $78,000 - $487,000 | $102,000 - $580,000 | -17% |
Local Market Factors
| Factor | Colorado Springs | Chicago |
|---|---|---|
| Cost of Living Index | 105.2 | 107.8 |
| Commercial Rent ($/sqft/yr) | $14 - $35 | $25 - $65 |
| Labor Rate Index | 0.98 | 1.15 |
| Sales Tax | 8.25% | 10.25% |
| Minimum Wage | $14.42/hr | $15.80/hr |
| LLC Filing Fee | $50 | $150 |
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