Computer Repair Business Startup Cost Comparison
West Palm Beach, FL vs Chicago, IL
West Palm Beach, FL
$6,000 - $35,000
COL Index: 110.2
VS
Chicago, IL
$7,000 - $42,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | West Palm Beach, FL | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$200 - $3,000 | $200 - $3,000 | Same |
|
Space & Equipment
|
$2,700 - $16,200 | $3,900 - $23,500 | -31% |
|
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 - $3,300 | $800 - $3,200 | +3% |
| Total Estimated Cost | $6,000 - $35,000 | $7,000 - $42,000 | -16% |
Local Market Factors
| Factor | West Palm Beach | Chicago |
|---|---|---|
| Cost of Living Index | 110.2 | 107.8 |
| Commercial Rent ($/sqft/yr) | $20 - $42 | $25 - $65 |
| Labor Rate Index | 1.05 | 1.15 |
| Sales Tax | 7% | 10.25% |
| Minimum Wage | $13.00/hr | $15.80/hr |
| LLC Filing Fee | $125 | $150 |
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