Farm Startup Cost Comparison
Marietta, GA vs Chicago, IL
Marietta, GA
$45,000 - $525,000
COL Index: 101.5
VS
Chicago, IL
$54,000 - $715,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Marietta, GA | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,900 - $6,700 | $5,600 - $10,900 | -48% |
|
Land Purchase or Lease
|
$5,400 - $217,400 | $9,800 - $391,300 | -44% |
|
Farm Equipment & Machinery
|
$15,000 - $120,000 | $15,000 - $120,000 | Same |
|
Seeds, Plants, or Livestock
|
$2,000 - $30,000 | $2,000 - $30,000 | Same |
|
Structures & Fencing
|
$5,000 - $60,000 | $5,800 - $69,000 | -13% |
|
Irrigation System
|
$3,000 - $30,000 | $3,000 - $30,000 | Same |
|
Farm Insurance (Annual)
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Working Capital (6 Months)
|
$10,200 - $50,800 | $10,800 - $53,900 | -6% |
| Total Estimated Cost | $45,000 - $525,000 | $54,000 - $715,000 | -26% |
Local Market Factors
| Factor | Marietta | Chicago |
|---|---|---|
| Cost of Living Index | 101.5 | 107.8 |
| Commercial Rent ($/sqft/yr) | $15 - $35 | $25 - $65 |
| Labor Rate Index | 1 | 1.15 |
| Sales Tax | 8.9% | 10.25% |
| Minimum Wage | $7.25/hr | $15.80/hr |
| LLC Filing Fee | $100 | $150 |
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