Liquor Store Startup Cost Comparison
Fresno, CA vs Chicago, IL
Fresno, CA
$83,000 - $320,000
COL Index: 108.5
VS
Chicago, IL
$114,000 - $445,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Fresno, CA | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Commercial Space & Build-Out
|
$27,400 - $109,600 | $58,700 - $234,800 | -53% |
|
Equipment & Fixtures
|
$25,000 - $100,000 | $25,000 - $100,000 | Same |
|
Initial Inventory & Supplies
|
$10,000 - $40,000 | $10,000 - $40,000 | Same |
|
Business Insurance (Annual)
|
$2,000 - $12,000 | $2,000 - $12,000 | Same |
|
Marketing & Grand Opening
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Working Capital (3 Months)
|
$16,300 - $43,400 | $16,200 - $43,100 | +1% |
| Total Estimated Cost | $83,000 - $320,000 | $114,000 - $445,000 | -28% |
Local Market Factors
| Factor | Fresno | Chicago |
|---|---|---|
| Cost of Living Index | 108.5 | 107.8 |
| Commercial Rent ($/sqft/yr) | $12 - $30 | $25 - $65 |
| Labor Rate Index | 0.92 | 1.15 |
| Sales Tax | 8.35% | 10.25% |
| Minimum Wage | $16.00/hr | $15.80/hr |
| LLC Filing Fee | $70 | $150 |
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