Clothing Store Startup Cost Comparison
Las Vegas, NV vs Chicago, IL
Las Vegas, NV
$23,000 - $132,000
COL Index: 105.8
VS
Chicago, IL
$29,000 - $167,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Las Vegas, NV | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$200 - $3,000 | $200 - $3,000 | Same |
|
Space & Equipment
|
$13,700 - $82,200 | $19,600 - $117,400 | -30% |
|
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)
|
$4,000 - $15,900 | $4,000 - $16,200 | -1% |
| Total Estimated Cost | $23,000 - $132,000 | $29,000 - $167,000 | -21% |
Local Market Factors
| Factor | Las Vegas | Chicago |
|---|---|---|
| Cost of Living Index | 105.8 | 107.8 |
| Commercial Rent ($/sqft/yr) | $18 - $45 | $25 - $65 |
| Labor Rate Index | 1.02 | 1.15 |
| Sales Tax | 8.375% | 10.25% |
| Minimum Wage | $12.00/hr | $15.80/hr |
| LLC Filing Fee | $75 | $150 |
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