Coffee Shop Startup Cost Comparison
Racine, WI vs Chicago, IL
Racine, WI
$53,000 - $208,000
COL Index: 89.5
VS
Chicago, IL
$72,000 - $279,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Racine, WI | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$700 - $3,500 | $5,600 - $10,900 | -75% |
|
Commercial Lease (First + Last + Security)
|
$4,000 - $20,200 | $11,700 - $58,700 | -66% |
|
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
|
$12,500 - $49,800 | $17,300 - $69,000 | -28% |
|
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)
|
$9,000 - $31,300 | $10,800 - $37,700 | -17% |
| Total Estimated Cost | $53,000 - $208,000 | $72,000 - $279,000 | -26% |
Local Market Factors
| Factor | Racine | Chicago |
|---|---|---|
| Cost of Living Index | 89.5 | 107.8 |
| Commercial Rent ($/sqft/yr) | $9 - $22 | $25 - $65 |
| Labor Rate Index | 0.83 | 1.15 |
| Sales Tax | 5.5% | 10.25% |
| Minimum Wage | $7.25/hr | $15.80/hr |
| LLC Filing Fee | $130 | $150 |
View Full Details
Ready to Start Your Coffee Shop?
Start your Coffee Shop LLC in — free registered agent for 1 year.
Form Your LLC for $0 + State Fee →Trusted by 500,000+ businesses · Excellent rating on Trustpilot