HVAC Startup Cost Comparison

Montgomery, AL vs Chicago, IL

Montgomery, AL

$25,000 - $129,000

COL Index: 88.4

VS

Chicago, IL

$31,000 - $140,000

COL Index: 107.8

Detailed Cost Comparison

Expense Montgomery, AL Chicago, IL Difference
Business Registration & HVAC License
$800 - $5,000 $5,600 - $10,900 -65%
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)
$4,400 - $22,100 $5,400 - $27,000 -18%
Total Estimated Cost $25,000 - $129,000 $31,000 - $140,000 -10%

Local Market Factors

Factor Montgomery Chicago
Cost of Living Index 88.4 107.8
Commercial Rent ($/sqft/yr) $10 - $24 $25 - $65
Labor Rate Index 0.82 1.15
Sales Tax 10% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $200 $150

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