Convenience Store Startup Cost Comparison

Pomona, CA vs Chicago, IL

Pomona, CA

$46,000 - $296,000

COL Index: 117.8

VS

Chicago, IL

$59,000 - $393,000

COL Index: 107.8

Detailed Cost Comparison

Expense Pomona, CA Chicago, IL Difference
Business Registration & Licenses
$500 - $5,000 $500 - $5,000 Same
Commercial Space & Build-Out
$15,000 - $105,000 $29,300 - $205,400 -49%
Equipment & Fixtures
$12,500 - $87,500 $12,500 - $87,500 Same
Initial Inventory & Supplies
$5,000 - $35,000 $5,000 - $35,000 Same
Business Insurance (Annual)
$2,000 - $12,000 $2,000 - $12,000 Same
Marketing & Grand Opening
$2,000 - $10,000 $2,000 - $10,000 Same
Working Capital (3 Months)
$8,800 - $41,200 $8,100 - $37,700 +9%
Total Estimated Cost $46,000 - $296,000 $59,000 - $393,000 -24%

Local Market Factors

Factor Pomona Chicago
Cost of Living Index 117.8 107.8
Commercial Rent ($/sqft/yr) $16 - $30 $25 - $65
Labor Rate Index 1.05 1.15
Sales Tax 10.25% 10.25%
Minimum Wage $16.00/hr $15.80/hr
LLC Filing Fee $70 $150

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