HVAC Startup Cost Comparison
Escondido, CA vs Chicago, IL
Escondido, CA
$29,000 - $144,000
COL Index: 125.8
VS
Chicago, IL
$31,000 - $140,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Escondido, CA | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & HVAC License
|
$2,600 - $10,700 | $5,600 - $10,900 | -19% |
|
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)
|
$6,300 - $31,500 | $5,400 - $27,000 | +17% |
| Total Estimated Cost | $29,000 - $144,000 | $31,000 - $140,000 | +1% |
Local Market Factors
| Factor | Escondido | Chicago |
|---|---|---|
| Cost of Living Index | 125.8 | 107.8 |
| Commercial Rent ($/sqft/yr) | $18 - $36 | $25 - $65 |
| Labor Rate Index | 1.12 | 1.15 |
| Sales Tax | 8.25% | 10.25% |
| Minimum Wage | $16.00/hr | $15.80/hr |
| LLC Filing Fee | $70 | $150 |
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