Jewelry Store Startup Cost Comparison
Port St. Lucie, FL vs Chicago, IL
Port St. Lucie, FL
$32,000 - $153,000
COL Index: 98.4
VS
Chicago, IL
$56,000 - $273,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Port St. Lucie, FL | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$200 - $3,000 | $200 - $3,000 | Same |
|
Space & Equipment
|
$15,700 - $78,300 | $39,100 - $195,700 | -60% |
|
Initial Supplies & Inventory
|
$7,500 - $37,500 | $7,500 - $37,500 | Same |
|
Business Insurance (Annual)
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Marketing & Launch
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Working Capital (3 Months)
|
$7,400 - $24,600 | $8,100 - $27,000 | -9% |
| Total Estimated Cost | $32,000 - $153,000 | $56,000 - $273,000 | -44% |
Local Market Factors
| Factor | Port St. Lucie | Chicago |
|---|---|---|
| Cost of Living Index | 98.4 | 107.8 |
| Commercial Rent ($/sqft/yr) | $12 - $24 | $25 - $65 |
| Labor Rate Index | 0.92 | 1.15 |
| Sales Tax | 7% | 10.25% |
| Minimum Wage | $13.00/hr | $15.80/hr |
| LLC Filing Fee | $125 | $150 |
View Full Details
Ready to Start Your Jewelry Store?
Start your Jewelry Store LLC in — free registered agent for 1 year.
Form Your LLC for $0 + State Fee →Trusted by 500,000+ businesses · Excellent rating on Trustpilot