Liquor Store Startup Cost Comparison

Kenosha, WI vs Chicago, IL

Kenosha, WI

$80,000 - $309,000

COL Index: 93.2

VS

Chicago, IL

$114,000 - $445,000

COL Index: 107.8

Detailed Cost Comparison

Expense Kenosha, WI Chicago, IL Difference
Business Registration & Licenses
$500 - $5,000 $500 - $5,000 Same
Commercial Space & Build-Out
$26,100 - $104,300 $58,700 - $234,800 -56%
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)
$14,000 - $37,300 $16,200 - $43,100 -13%
Total Estimated Cost $80,000 - $309,000 $114,000 - $445,000 -30%

Local Market Factors

Factor Kenosha Chicago
Cost of Living Index 93.2 107.8
Commercial Rent ($/sqft/yr) $12 - $28 $25 - $65
Labor Rate Index 0.88 1.15
Sales Tax 5.5% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $130 $150

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