Coffee Shop Startup Cost Comparison

Norfolk, VA vs Chicago, IL

Norfolk, VA

$59,000 - $227,000

COL Index: 97.6

VS

Chicago, IL

$72,000 - $279,000

COL Index: 107.8

Detailed Cost Comparison

Expense Norfolk, VA Chicago, IL Difference
Business Registration & Licenses
$2,400 - $7,200 $5,600 - $10,900 -42%
Commercial Lease (First + Last + Security)
$5,000 - $24,800 $11,700 - $58,700 -58%
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
$14,400 - $57,600 $17,300 - $69,000 -17%
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)
$9,800 - $34,200 $10,800 - $37,700 -9%
Total Estimated Cost $59,000 - $227,000 $72,000 - $279,000 -19%

Local Market Factors

Factor Norfolk Chicago
Cost of Living Index 97.6 107.8
Commercial Rent ($/sqft/yr) $12 - $26 $25 - $65
Labor Rate Index 0.96 1.15
Sales Tax 6% 10.25%
Minimum Wage $12.41/hr $15.80/hr
LLC Filing Fee $100 $150

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