HVAC Startup Cost Comparison

Concord, CA vs Chicago, IL

Concord, CA

$30,000 - $149,000

COL Index: 138.5

VS

Chicago, IL

$31,000 - $140,000

COL Index: 107.8

Detailed Cost Comparison

Expense Concord, CA Chicago, IL Difference
Business Registration & HVAC License
$3,200 - $12,000 $5,600 - $10,900 -8%
Service Vehicle(s)
$8,000 - $45,000 $8,000 - $45,000 Same
HVAC Tools & Diagnostic Equipment
$5,000 - $25,000 $5,000 - $25,000 Same
Parts & Refrigerant Inventory
$2,000 - $10,000 $2,000 - $10,000 Same
Business Insurance & Bonding (Annual)
$3,000 - $12,000 $3,000 - $12,000 Same
Marketing & Lead Generation
$2,000 - $10,000 $2,000 - $10,000 Same
Working Capital (3 Months)
$6,900 - $34,600 $5,400 - $27,000 +28%
Total Estimated Cost $30,000 - $149,000 $31,000 - $140,000 +5%

Local Market Factors

Factor Concord Chicago
Cost of Living Index 138.5 107.8
Commercial Rent ($/sqft/yr) $22 - $48 $25 - $65
Labor Rate Index 1.22 1.15
Sales Tax 9.75% 10.25%
Minimum Wage $16.00/hr $15.80/hr
LLC Filing Fee $70 $150

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