Junk Removal Business Startup Cost Comparison

Colorado Springs, CO vs Chicago, IL

Colorado Springs, CO

$5,000 - $45,000

COL Index: 105.2

VS

Chicago, IL

$7,000 - $63,000

COL Index: 107.8

Detailed Cost Comparison

Expense Colorado Springs, CO Chicago, IL Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$2,100 - $21,300 $3,900 - $39,100 -46%
Initial Supplies & Inventory
$800 - $7,500 $800 - $7,500 Same
Business Insurance (Annual)
$500 - $3,000 $500 - $3,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$800 - $5,300 $800 - $5,400 -2%
Total Estimated Cost $5,000 - $45,000 $7,000 - $63,000 -29%

Local Market Factors

Factor Colorado Springs Chicago
Cost of Living Index 105.2 107.8
Commercial Rent ($/sqft/yr) $14 - $35 $25 - $65
Labor Rate Index 0.98 1.15
Sales Tax 8.25% 10.25%
Minimum Wage $14.42/hr $15.80/hr
LLC Filing Fee $50 $150

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