Coffee Shop Startup Cost Comparison

Meridian, ID vs Chicago, IL

Meridian, ID

$59,000 - $232,000

COL Index: 105.6

VS

Chicago, IL

$72,000 - $279,000

COL Index: 107.8

Detailed Cost Comparison

Expense Meridian, ID Chicago, IL Difference
Business Registration & Licenses
$1,300 - $5,500 $5,600 - $10,900 -59%
Commercial Lease (First + Last + Security)
$5,500 - $27,400 $11,700 - $58,700 -53%
Espresso Machines & Equipment
$20,000 - $80,000 $20,000 - $80,000 Same
Initial Coffee & Food Inventory
$3,000 - $8,000 $3,000 - $8,000 Same
Interior Build-Out & Renovation
$14,700 - $58,800 $17,300 - $69,000 -15%
Business Insurance (Annual)
$2,000 - $7,000 $2,000 - $7,000 Same
Marketing & Grand Opening
$2,000 - $8,000 $2,000 - $8,000 Same
Working Capital (3 Months)
$10,600 - $37,000 $10,800 - $37,700 -2%
Total Estimated Cost $59,000 - $232,000 $72,000 - $279,000 -17%

Local Market Factors

Factor Meridian Chicago
Cost of Living Index 105.6 107.8
Commercial Rent ($/sqft/yr) $14 - $28 $25 - $65
Labor Rate Index 0.98 1.15
Sales Tax 6% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $100 $150

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