Donut Shop Startup Cost Comparison
Rochester, MN vs Chicago, IL
Rochester, MN
$44,000 - $212,000
COL Index: 101.5
VS
Chicago, IL
$59,000 - $288,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Rochester, MN | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Commercial Space & Build-Out
|
$14,300 - $71,700 | $29,300 - $146,700 | -51% |
|
Equipment & Fixtures
|
$12,500 - $62,500 | $12,500 - $62,500 | Same |
|
Initial Inventory & Supplies
|
$5,000 - $25,000 | $5,000 - $25,000 | 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)
|
$7,600 - $25,400 | $8,100 - $27,000 | -6% |
| Total Estimated Cost | $44,000 - $212,000 | $59,000 - $288,000 | -26% |
Local Market Factors
| Factor | Rochester | Chicago |
|---|---|---|
| Cost of Living Index | 101.5 | 107.8 |
| Commercial Rent ($/sqft/yr) | $14 - $30 | $25 - $65 |
| Labor Rate Index | 1 | 1.15 |
| Sales Tax | 7.375% | 10.25% |
| Minimum Wage | $10.85/hr | $15.80/hr |
| LLC Filing Fee | $155 | $150 |
View Full Details
Ready to Start Your Donut Shop?
Start your Donut Shop LLC in — free registered agent for 1 year.
Form Your LLC for $0 + State Fee →Trusted by 500,000+ businesses · Excellent rating on Trustpilot