Juice Bar Startup Cost Comparison

Albany, NY vs Chicago, IL

Albany, NY

$36,000 - $169,000

COL Index: 93.6

VS

Chicago, IL

$48,000 - $214,000

COL Index: 107.8

Detailed Cost Comparison

Expense Albany, NY Chicago, IL Difference
Business Registration & Licenses
$2,400 - $8,200 $5,600 - $10,900 -36%
Commercial Lease (First + Last + Security)
$3,100 - $14,600 $8,800 - $41,100 -65%
Juicing & Blending Equipment
$10,000 - $50,000 $10,000 - $50,000 Same
Initial Produce & Supplies
$2,000 - $6,000 $2,000 - $6,000 Same
Interior Build-Out & Design
$7,500 - $51,700 $9,200 - $63,300 -18%
Business Insurance (Annual)
$1,500 - $4,500 $1,500 - $4,500 Same
Marketing & Launch
$2,000 - $8,000 $2,000 - $8,000 Same
Working Capital (3 Months)
$7,500 - $26,200 $8,600 - $30,200 -13%
Total Estimated Cost $36,000 - $169,000 $48,000 - $214,000 -22%

Local Market Factors

Factor Albany Chicago
Cost of Living Index 93.6 107.8
Commercial Rent ($/sqft/yr) $10 - $22 $25 - $65
Labor Rate Index 0.94 1.15
Sales Tax 8% 10.25%
Minimum Wage $15.00/hr $15.80/hr
LLC Filing Fee $200 $150

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