Juice Bar Startup Cost Comparison

Philadelphia, PA vs Chicago, IL

Philadelphia, PA

$45,000 - $223,000

COL Index: 114.5

VS

Chicago, IL

$48,000 - $214,000

COL Index: 107.8

Detailed Cost Comparison

Expense Philadelphia, PA Chicago, IL Difference
Business Registration & Licenses
$3,600 - $26,600 $5,600 - $10,900 +83%
Commercial Lease (First + Last + Security)
$7,300 - $34,200 $8,800 - $41,100 -17%
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
$9,000 - $61,600 $9,200 - $63,300 -3%
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)
$9,200 - $32,100 $8,600 - $30,200 +6%
Total Estimated Cost $45,000 - $223,000 $48,000 - $214,000 +2%

Local Market Factors

Factor Philadelphia Chicago
Cost of Living Index 114.5 107.8
Commercial Rent ($/sqft/yr) $20 - $55 $25 - $65
Labor Rate Index 1.12 1.15
Sales Tax 8% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $125 $150

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