Consulting Business Startup Cost Comparison

Ogden, UT vs Chicago, IL

Ogden, UT

$9,000 - $63,000

COL Index: 95.5

VS

Chicago, IL

$14,000 - $72,000

COL Index: 107.8

Detailed Cost Comparison

Expense Ogden, UT Chicago, IL Difference
Business Registration & Formation
$1,100 - $4,900 $5,600 - $10,900 -64%
Professional Licenses & Certifications
$500 - $5,000 $500 - $5,000 Same
Home Office Setup
$1,000 - $5,000 $1,000 - $5,000 Same
Technology & Software
$1,500 - $6,000 $1,500 - $6,000 Same
Website & Branding
$500 - $8,000 $500 - $8,000 Same
Professional Liability Insurance
$800 - $5,000 $800 - $5,000 Same
Marketing & Client Acquisition
$1,000 - $10,000 $1,000 - $10,000 Same
Working Capital (3-6 months)
$2,900 - $19,100 $3,200 - $21,600 -11%
Total Estimated Cost $9,000 - $63,000 $14,000 - $72,000 -16%

Local Market Factors

Factor Ogden Chicago
Cost of Living Index 95.5 107.8
Commercial Rent ($/sqft/yr) $10 - $24 $25 - $65
Labor Rate Index 0.88 1.15
Sales Tax 7.25% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $54 $150

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