Catering Business Startup Cost Comparison

Palm Coast, FL vs Chicago, IL

Palm Coast, FL

$24,000 - $124,000

COL Index: 97.3

VS

Chicago, IL

$32,000 - $152,000

COL Index: 107.8

Detailed Cost Comparison

Expense Palm Coast, FL Chicago, IL Difference
Business Registration & Licenses
$1,500 - $5,500 $5,600 - $10,900 -58%
Commercial Kitchen Access
$2,500 - $15,300 $5,900 - $35,200 -57%
Catering Equipment & Supplies
$5,000 - $30,000 $5,000 - $30,000 Same
Delivery Vehicle
$5,000 - $35,000 $5,000 - $35,000 Same
Initial Food & Supply Inventory
$1,500 - $5,000 $1,500 - $5,000 Same
Business Insurance (Annual)
$2,000 - $6,000 $2,000 - $6,000 Same
Marketing & Branding
$1,500 - $8,000 $1,500 - $8,000 Same
Working Capital (3 Months)
$4,900 - $19,500 $5,400 - $21,600 -10%
Total Estimated Cost $24,000 - $124,000 $32,000 - $152,000 -20%

Local Market Factors

Factor Palm Coast Chicago
Cost of Living Index 97.3 107.8
Commercial Rent ($/sqft/yr) $13 - $26 $25 - $65
Labor Rate Index 0.92 1.15
Sales Tax 7% 10.25%
Minimum Wage $13.00/hr $15.80/hr
LLC Filing Fee $125 $150

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