Catering Business Startup Cost Comparison

Sterling Heights, MI vs Chicago, IL

Sterling Heights, MI

$23,000 - $122,000

COL Index: 93.2

VS

Chicago, IL

$32,000 - $152,000

COL Index: 107.8

Detailed Cost Comparison

Expense Sterling Heights, MI Chicago, IL Difference
Business Registration & Licenses
$800 - $3,900 $5,600 - $10,900 -72%
Commercial Kitchen Access
$2,600 - $15,700 $5,900 - $35,200 -55%
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)
$4,700 - $18,600 $5,400 - $21,600 -14%
Total Estimated Cost $23,000 - $122,000 $32,000 - $152,000 -21%

Local Market Factors

Factor Sterling Heights Chicago
Cost of Living Index 93.2 107.8
Commercial Rent ($/sqft/yr) $12 - $28 $25 - $65
Labor Rate Index 0.88 1.15
Sales Tax 6% 10.25%
Minimum Wage $10.33/hr $15.80/hr
LLC Filing Fee $50 $150

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