Flower Shop Startup Cost Comparison
Honolulu, HI vs Chicago, IL
Honolulu, HI
$43,000 - $224,000
COL Index: 192.5
VS
Chicago, IL
$39,000 - $191,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Honolulu, HI | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Permits
|
$2,600 - $9,700 | $5,600 - $10,900 | -25% |
|
Commercial Lease (First + Last + Security)
|
$8,200 - $49,300 | $7,000 - $42,300 | +17% |
|
Floral Equipment & Coolers
|
$8,000 - $40,000 | $8,000 - $40,000 | Same |
|
Initial Flower & Supply Inventory
|
$3,000 - $12,000 | $3,000 - $12,000 | Same |
|
Store Build-Out & Design
|
$6,500 - $52,000 | $5,800 - $46,000 | +13% |
|
Business Insurance (Annual)
|
$1,200 - $4,500 | $1,200 - $4,500 | Same |
|
Marketing & Online Presence
|
$1,500 - $8,000 | $1,500 - $8,000 | Same |
|
Working Capital (3 Months)
|
$11,600 - $48,100 | $6,500 - $27,000 | +78% |
| Total Estimated Cost | $43,000 - $224,000 | $39,000 - $191,000 | +16% |
Local Market Factors
| Factor | Honolulu | Chicago |
|---|---|---|
| Cost of Living Index | 192.5 | 107.8 |
| Commercial Rent ($/sqft/yr) | $30 - $75 | $25 - $65 |
| Labor Rate Index | 1.3 | 1.15 |
| Sales Tax | 4.5% | 10.25% |
| Minimum Wage | $14.00/hr | $15.80/hr |
| LLC Filing Fee | $50 | $150 |
View Full Details
Ready to Start Your Flower Shop?
Start your Flower 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