Managed IT Services Startup Cost Comparison

Sparks, NV vs Chicago, IL

Sparks, NV

$8,000 - $58,000

COL Index: 107.8

VS

Chicago, IL

$12,000 - $89,000

COL Index: 107.8

Detailed Cost Comparison

Expense Sparks, NV Chicago, IL Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$3,700 - $27,400 $7,800 - $58,700 -53%
Initial Supplies & Inventory
$1,500 - $11,300 $1,500 - $11,300 Same
Business Insurance (Annual)
$500 - $3,000 $500 - $3,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$1,600 - $8,100 $1,600 - $8,100 Same
Total Estimated Cost $8,000 - $58,000 $12,000 - $89,000 -35%

Local Market Factors

Factor Sparks Chicago
Cost of Living Index 107.8 107.8
Commercial Rent ($/sqft/yr) $14 - $28 $25 - $65
Labor Rate Index 1.02 1.15
Sales Tax 8.265% 10.25%
Minimum Wage $12.00/hr $15.80/hr
LLC Filing Fee $425 $150

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