Distillery Startup Cost Comparison

Boca Raton, FL vs Chicago, IL

Boca Raton, FL

$106,000 - $978,000

COL Index: 118.5

VS

Chicago, IL

$114,000 - $1,072,000

COL Index: 107.8

Detailed Cost Comparison

Expense Boca Raton, FL Chicago, IL Difference
Business Registration & Licenses
$500 - $5,000 $500 - $5,000 Same
Commercial Space & Build-Out
$48,300 - $482,600 $58,700 - $587,000 -18%
Equipment & Fixtures
$25,000 - $250,000 $25,000 - $250,000 Same
Initial Inventory & Supplies
$10,000 - $100,000 $10,000 - $100,000 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)
$17,800 - $118,500 $16,200 - $107,800 +10%
Total Estimated Cost $106,000 - $978,000 $114,000 - $1,072,000 -9%

Local Market Factors

Factor Boca Raton Chicago
Cost of Living Index 118.5 107.8
Commercial Rent ($/sqft/yr) $24 - $50 $25 - $65
Labor Rate Index 1.12 1.15
Sales Tax 7% 10.25%
Minimum Wage $13.00/hr $15.80/hr
LLC Filing Fee $125 $150

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