Computer Repair Business Startup Cost Comparison
St. Louis, MO vs Chicago, IL
St. Louis, MO
$4,000 - $29,000
COL Index: 90.8
VS
Chicago, IL
$7,000 - $42,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | St. Louis, MO | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$200 - $3,000 | $200 - $3,000 | Same |
|
Space & Equipment
|
$1,700 - $10,400 | $3,900 - $23,500 | -56% |
|
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)
|
$700 - $2,700 | $800 - $3,200 | -15% |
| Total Estimated Cost | $4,000 - $29,000 | $7,000 - $42,000 | -33% |
Local Market Factors
| Factor | St. Louis | Chicago |
|---|---|---|
| Cost of Living Index | 90.8 | 107.8 |
| Commercial Rent ($/sqft/yr) | $12 - $28 | $25 - $65 |
| Labor Rate Index | 0.9 | 1.15 |
| Sales Tax | 9.679% | 10.25% |
| Minimum Wage | $12.30/hr | $15.80/hr |
| LLC Filing Fee | $50 | $150 |
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