Etsy Shop Startup Cost Comparison
Lexington, KY vs Chicago, IL
Lexington, KY
$2,000 - $12,000
COL Index: 91.2
VS
Chicago, IL
$6,000 - $17,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Lexington, KY | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration
|
$1,300 - $6,000 | $5,600 - $10,900 | -56% |
|
Etsy Shop Setup
|
$0 - $200 | $0 - $200 | Same |
|
Materials & Equipment
|
$100 - $2,000 | $100 - $2,000 | Same |
|
Product Photography
|
$100 - $500 | $100 - $500 | Same |
|
Packaging & Shipping Supplies
|
$100 - $500 | $100 - $500 | Same |
|
Marketing & Etsy Ads
|
$100 - $1,500 | $100 - $1,500 | Same |
|
Working Capital (2 Months)
|
$100 - $900 | $100 - $1,100 | -17% |
| Total Estimated Cost | $2,000 - $12,000 | $6,000 - $17,000 | -39% |
Local Market Factors
| Factor | Lexington | Chicago |
|---|---|---|
| Cost of Living Index | 91.2 | 107.8 |
| Commercial Rent ($/sqft/yr) | $10 - $22 | $25 - $65 |
| Labor Rate Index | 0.9 | 1.15 |
| Sales Tax | 6% | 10.25% |
| Minimum Wage | $7.25/hr | $15.80/hr |
| LLC Filing Fee | $40 | $150 |
View Full Details
Ready to Start Your Etsy Shop?
Start your Etsy 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