Gas Station Startup Cost Comparison

McAllen, TX vs Chicago, IL

McAllen, TX

$126,000 - $965,000

COL Index: 82.5

VS

Chicago, IL

$275,000 - $2,129,000

COL Index: 107.8

Detailed Cost Comparison

Expense McAllen, TX Chicago, IL Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$56,500 - $452,200 $195,700 - $1,565,200 -71%
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)
$30,900 - $165,000 $40,400 - $215,600 -23%
Total Estimated Cost $126,000 - $965,000 $275,000 - $2,129,000 -55%

Local Market Factors

Factor McAllen Chicago
Cost of Living Index 82.5 107.8
Commercial Rent ($/sqft/yr) $8 - $18 $25 - $65
Labor Rate Index 0.8 1.15
Sales Tax 8.25% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $300 $150

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