Ice Cream Shop Startup Cost Comparison

Fort Lauderdale, FL vs Chicago, IL

Fort Lauderdale, FL

$56,000 - $297,000

COL Index: 120.4

VS

Chicago, IL

$61,000 - $309,000

COL Index: 107.8

Detailed Cost Comparison

Expense Fort Lauderdale, FL Chicago, IL Difference
Business Registration & Licenses
$2,000 - $7,500 $5,600 - $10,900 -42%
Commercial Lease (First + Last + Security)
$7,600 - $41,100 $9,800 - $52,800 -22%
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
$11,400 - $91,200 $11,500 - $92,000 -1%
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)
$9,600 - $36,100 $8,600 - $32,300 +12%
Total Estimated Cost $56,000 - $297,000 $61,000 - $309,000 -5%

Local Market Factors

Factor Fort Lauderdale Chicago
Cost of Living Index 120.4 107.8
Commercial Rent ($/sqft/yr) $22 - $48 $25 - $65
Labor Rate Index 1.14 1.15
Sales Tax 7% 10.25%
Minimum Wage $13.00/hr $15.80/hr
LLC Filing Fee $125 $150

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