Concrete Business Startup Cost Comparison

Cincinnati, OH vs Chicago, IL

Cincinnati, OH

$29,000 - $152,000

COL Index: 93.5

VS

Chicago, IL

$34,000 - $163,000

COL Index: 107.8

Detailed Cost Comparison

Expense Cincinnati, OH Chicago, IL Difference
Business Registration & Licenses
$800 - $4,000 $5,600 - $10,900 -71%
Concrete Equipment
$8,000 - $40,000 $8,000 - $40,000 Same
Work Truck & Trailer
$8,000 - $45,000 $8,000 - $45,000 Same
Forms, Rebar & Initial Materials
$2,000 - $12,000 $2,000 - $12,000 Same
Insurance & Bonding
$3,000 - $12,000 $3,000 - $12,000 Same
Office & Estimating Software
$500 - $3,000 $500 - $3,000 Same
Marketing & Lead Generation
$1,500 - $8,000 $1,500 - $8,000 Same
Working Capital (3 Months)
$4,700 - $28,100 $5,400 - $32,300 -13%
Total Estimated Cost $29,000 - $152,000 $34,000 - $163,000 -8%

Local Market Factors

Factor Cincinnati Chicago
Cost of Living Index 93.5 107.8
Commercial Rent ($/sqft/yr) $12 - $28 $25 - $65
Labor Rate Index 0.92 1.15
Sales Tax 7.8% 10.25%
Minimum Wage $10.45/hr $15.80/hr
LLC Filing Fee $99 $150

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