Computer Repair Business Startup Cost Comparison
Colorado Springs, CO vs Chicago, IL
Colorado Springs, CO
$5,000 - $32,000
COL Index: 105.2
VS
Chicago, IL
$7,000 - $42,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Colorado Springs, CO | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$200 - $3,000 | $200 - $3,000 | Same |
|
Space & Equipment
|
$2,100 - $12,800 | $3,900 - $23,500 | -46% |
|
Initial Supplies & Inventory
|
$800 - $4,500 | $800 - $4,500 | Same |
|
Business Insurance (Annual)
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Marketing & Launch
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Working Capital (3 Months)
|
$800 - $3,200 | $800 - $3,200 | Same |
| Total Estimated Cost | $5,000 - $32,000 | $7,000 - $42,000 | -24% |
Local Market Factors
| Factor | Colorado Springs | Chicago |
|---|---|---|
| Cost of Living Index | 105.2 | 107.8 |
| Commercial Rent ($/sqft/yr) | $14 - $35 | $25 - $65 |
| Labor Rate Index | 0.98 | 1.15 |
| Sales Tax | 8.25% | 10.25% |
| Minimum Wage | $14.42/hr | $15.80/hr |
| LLC Filing Fee | $50 | $150 |
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