Juice Bar Startup Cost Comparison

Winston-Salem, NC vs Chicago, IL

Winston-Salem, NC

$34,000 - $160,000

COL Index: 88.6

VS

Chicago, IL

$48,000 - $214,000

COL Index: 107.8

Detailed Cost Comparison

Expense Winston-Salem, NC Chicago, IL Difference
Business Registration & Licenses
$1,100 - $5,000 $5,600 - $10,900 -63%
Commercial Lease (First + Last + Security)
$2,900 - $13,700 $8,800 - $41,100 -67%
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
$7,000 - $48,400 $9,200 - $63,300 -24%
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)
$7,100 - $24,800 $8,600 - $30,200 -18%
Total Estimated Cost $34,000 - $160,000 $48,000 - $214,000 -26%

Local Market Factors

Factor Winston-Salem Chicago
Cost of Living Index 88.6 107.8
Commercial Rent ($/sqft/yr) $10 - $20 $25 - $65
Labor Rate Index 0.88 1.15
Sales Tax 6.75% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $125 $150

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