Handyman Startup Cost Comparison
Tulsa, OK vs Chicago, IL
Tulsa, OK
$9,000 - $45,000
COL Index: 87.5
VS
Chicago, IL
$13,000 - $53,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Tulsa, OK | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,300 - $4,400 | $5,600 - $10,900 | -65% |
|
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)
|
$1,800 - $7,000 | $2,200 - $8,600 | -19% |
| Total Estimated Cost | $9,000 - $45,000 | $13,000 - $53,000 | -18% |
Local Market Factors
| Factor | Tulsa | Chicago |
|---|---|---|
| Cost of Living Index | 87.5 | 107.8 |
| Commercial Rent ($/sqft/yr) | $10 - $24 | $25 - $65 |
| Labor Rate Index | 0.85 | 1.15 |
| Sales Tax | 8.517% | 10.25% |
| Minimum Wage | $7.25/hr | $15.80/hr |
| LLC Filing Fee | $100 | $150 |
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