Convenience Store Startup Cost Comparison
Rochester, NY vs Chicago, IL
Rochester, NY
$38,000 - $247,000
COL Index: 87.9
VS
Chicago, IL
$59,000 - $393,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Rochester, NY | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Commercial Space & Build-Out
|
$9,500 - $66,200 | $29,300 - $205,400 | -68% |
|
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)
|
$6,600 - $30,800 | $8,100 - $37,700 | -18% |
| Total Estimated Cost | $38,000 - $247,000 | $59,000 - $393,000 | -37% |
Local Market Factors
| Factor | Rochester | Chicago |
|---|---|---|
| Cost of Living Index | 87.9 | 107.8 |
| Commercial Rent ($/sqft/yr) | $9 - $20 | $25 - $65 |
| Labor Rate Index | 0.9 | 1.15 |
| Sales Tax | 8% | 10.25% |
| Minimum Wage | $15.00/hr | $15.80/hr |
| LLC Filing Fee | $200 | $150 |
View Full Details
Ready to Start Your Convenience Store?
Start your Convenience Store LLC in — free registered agent for 1 year.
Form Your LLC for $0 + State Fee →Trusted by 500,000+ businesses · Excellent rating on Trustpilot