Flower Shop Startup Cost Comparison

Tacoma, WA vs Chicago, IL

Tacoma, WA

$33,000 - $172,000

COL Index: 118.5

VS

Chicago, IL

$39,000 - $191,000

COL Index: 107.8

Detailed Cost Comparison

Expense Tacoma, WA Chicago, IL Difference
Business Registration & Permits
$2,100 - $8,500 $5,600 - $10,900 -36%
Commercial Lease (First + Last + Security)
$4,200 - $25,400 $7,000 - $42,300 -40%
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
$5,500 - $44,000 $5,800 - $46,000 -4%
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)
$7,100 - $29,600 $6,500 - $27,000 +10%
Total Estimated Cost $33,000 - $172,000 $39,000 - $191,000 -11%

Local Market Factors

Factor Tacoma Chicago
Cost of Living Index 118.5 107.8
Commercial Rent ($/sqft/yr) $16 - $38 $25 - $65
Labor Rate Index 1.1 1.15
Sales Tax 10.2% 10.25%
Minimum Wage $16.28/hr $15.80/hr
LLC Filing Fee $180 $150

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