Ice Cream Shop Startup Cost Comparison

Augusta, GA vs Chicago, IL

Augusta, GA

$45,000 - $235,000

COL Index: 86.8

VS

Chicago, IL

$61,000 - $309,000

COL Index: 107.8

Detailed Cost Comparison

Expense Augusta, GA Chicago, IL Difference
Business Registration & Licenses
$1,300 - $5,000 $5,600 - $10,900 -62%
Commercial Lease (First + Last + Security)
$2,800 - $15,300 $9,800 - $52,800 -71%
Ice Cream Equipment & Fixtures
$20,000 - $100,000 $20,000 - $100,000 Same
Initial Ingredients & Supplies
$2,000 - $8,000 $2,000 - $8,000 Same
Interior Build-Out & Design
$8,500 - $68,000 $11,500 - $92,000 -26%
Business Insurance (Annual)
$1,500 - $5,000 $1,500 - $5,000 Same
Marketing & Grand Opening
$2,000 - $8,000 $2,000 - $8,000 Same
Working Capital (3 Months)
$6,900 - $26,000 $8,600 - $32,300 -20%
Total Estimated Cost $45,000 - $235,000 $61,000 - $309,000 -24%

Local Market Factors

Factor Augusta Chicago
Cost of Living Index 86.8 107.8
Commercial Rent ($/sqft/yr) $8 - $18 $25 - $65
Labor Rate Index 0.85 1.15
Sales Tax 8% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $100 $150

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