Clothing Store Startup Cost Comparison

Atlanta, GA vs Chicago, IL

Atlanta, GA

$23,000 - $135,000

COL Index: 101.4

VS

Chicago, IL

$29,000 - $167,000

COL Index: 107.8

Detailed Cost Comparison

Expense Atlanta, GA Chicago, IL Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$14,300 - $86,100 $19,600 - $117,400 -27%
Initial Supplies & Inventory
$3,800 - $22,500 $3,800 - $22,500 Same
Business Insurance (Annual)
$500 - $3,000 $500 - $3,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$3,800 - $15,200 $4,000 - $16,200 -6%
Total Estimated Cost $23,000 - $135,000 $29,000 - $167,000 -19%

Local Market Factors

Factor Atlanta Chicago
Cost of Living Index 101.4 107.8
Commercial Rent ($/sqft/yr) $18 - $48 $25 - $65
Labor Rate Index 1.04 1.15
Sales Tax 8.9% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $100 $150

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