Law Firm Startup Cost Comparison

Marysville, WA vs Chicago, IL

Marysville, WA

$43,000 - $195,000

COL Index: 112.8

VS

Chicago, IL

$52,000 - $237,000

COL Index: 107.8

Detailed Cost Comparison

Expense Marysville, WA Chicago, IL Difference
Business Registration & Bar Requirements
$1,900 - $6,600 $5,600 - $10,900 -48%
Bar Admission & Licensing
$2,000 - $6,000 $2,000 - $6,000 Same
Office Lease (First + Last + Security)
$5,500 - $32,900 $11,700 - $70,400 -53%
Office Build-Out & Furnishing
$5,300 - $31,500 $5,800 - $34,500 -9%
Technology & Equipment
$5,000 - $20,000 $5,000 - $20,000 Same
Professional Liability Insurance (Annual)
$3,000 - $15,000 $3,000 - $15,000 Same
Marketing & Client Development
$3,000 - $15,000 $3,000 - $15,000 Same
Working Capital (3-6 Months)
$16,900 - $67,700 $16,200 - $64,700 +5%
Total Estimated Cost $43,000 - $195,000 $52,000 - $237,000 -18%

Local Market Factors

Factor Marysville Chicago
Cost of Living Index 112.8 107.8
Commercial Rent ($/sqft/yr) $14 - $28 $25 - $65
Labor Rate Index 1.05 1.15
Sales Tax 9.2% 10.25%
Minimum Wage $16.28/hr $15.80/hr
LLC Filing Fee $180 $150

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