Etsy Shop Startup Cost Comparison

Los Angeles, CA vs Chicago, IL

Los Angeles, CA

$5,000 - $21,000

COL Index: 166.5

VS

Chicago, IL

$6,000 - $17,000

COL Index: 107.8

Detailed Cost Comparison

Expense Los Angeles, CA Chicago, IL Difference
Business Registration
$4,000 - $14,400 $5,600 - $10,900 +12%
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)
$200 - $1,700 $100 - $1,100 +58%
Total Estimated Cost $5,000 - $21,000 $6,000 - $17,000 +13%

Local Market Factors

Factor Los Angeles Chicago
Cost of Living Index 166.5 107.8
Commercial Rent ($/sqft/yr) $30 - $85 $25 - $65
Labor Rate Index 1.35 1.15
Sales Tax 9.5% 10.25%
Minimum Wage $16.78/hr $15.80/hr
LLC Filing Fee $70 $150

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