Handyman Startup Cost Comparison

Davenport, IA vs Chicago, IL

Davenport, IA

$8,000 - $44,000

COL Index: 86.8

VS

Chicago, IL

$13,000 - $53,000

COL Index: 107.8

Detailed Cost Comparison

Expense Davenport, IA Chicago, IL Difference
Business Registration & Licenses
$700 - $3,200 $5,600 - $10,900 -76%
Work Vehicle
$2,000 - $15,000 $2,000 - $15,000 Same
Tools & Equipment
$2,000 - $10,000 $2,000 - $10,000 Same
Common Supplies & Hardware
$300 - $1,500 $300 - $1,500 Same
Business Insurance (Annual)
$800 - $3,000 $800 - $3,000 Same
Marketing & Lead Generation
$500 - $4,000 $500 - $4,000 Same
Working Capital (3 Months)
$1,700 - $6,900 $2,200 - $8,600 -20%
Total Estimated Cost $8,000 - $44,000 $13,000 - $53,000 -21%

Local Market Factors

Factor Davenport Chicago
Cost of Living Index 86.8 107.8
Commercial Rent ($/sqft/yr) $9 - $22 $25 - $65
Labor Rate Index 0.8 1.15
Sales Tax 7% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $50 $150

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