Handyman Startup Cost Comparison

Henderson, NV vs Chicago, IL

Henderson, NV

$10,000 - $51,000

COL Index: 107.5

VS

Chicago, IL

$13,000 - $53,000

COL Index: 107.8

Detailed Cost Comparison

Expense Henderson, NV Chicago, IL Difference
Business Registration & Licenses
$2,000 - $8,400 $5,600 - $10,900 -37%
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)
$2,200 - $8,600 $2,200 - $8,600 Same
Total Estimated Cost $10,000 - $51,000 $13,000 - $53,000 -8%

Local Market Factors

Factor Henderson Chicago
Cost of Living Index 107.5 107.8
Commercial Rent ($/sqft/yr) $16 - $38 $25 - $65
Labor Rate Index 1.02 1.15
Sales Tax 8.375% 10.25%
Minimum Wage $12.00/hr $15.80/hr
LLC Filing Fee $425 $150

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