Gas Station Startup Cost Comparison

Burlington, VT vs Chicago, IL

Burlington, VT

$182,000 - $1,380,000

COL Index: 115.8

VS

Chicago, IL

$275,000 - $2,129,000

COL Index: 107.8

Detailed Cost Comparison

Expense Burlington, VT Chicago, IL Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$100,000 - $800,000 $195,700 - $1,565,200 -49%
Initial Supplies & Inventory
$37,500 - $300,000 $37,500 - $300,000 Same
Business Insurance (Annual)
$500 - $40,000 $500 - $40,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$43,400 - $231,600 $40,400 - $215,600 +7%
Total Estimated Cost $182,000 - $1,380,000 $275,000 - $2,129,000 -35%

Local Market Factors

Factor Burlington Chicago
Cost of Living Index 115.8 107.8
Commercial Rent ($/sqft/yr) $16 - $30 $25 - $65
Labor Rate Index 1.04 1.15
Sales Tax 7% 10.25%
Minimum Wage $14.01/hr $15.80/hr
LLC Filing Fee $125 $150

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