Masonry Business Startup Cost Comparison
Riverside, CA vs Chicago, IL
Riverside, CA
$19,000 - $99,000
COL Index: 112.8
VS
Chicago, IL
$23,000 - $103,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Riverside, CA | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,600 - $6,300 | $5,600 - $10,900 | -52% |
|
Masonry Tools & Equipment
|
$4,000 - $18,000 | $4,000 - $18,000 | Same |
|
Scaffolding & Access Equipment
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Work Vehicle & Trailer
|
$5,000 - $30,000 | $5,000 - $30,000 | Same |
|
Insurance & Liability
|
$2,500 - $10,000 | $2,500 - $10,000 | Same |
|
Initial Materials & Supplies
|
$1,000 - $5,000 | $1,000 - $5,000 | Same |
|
Marketing & Portfolio
|
$1,000 - $6,000 | $1,000 - $6,000 | Same |
|
Working Capital (3 Months)
|
$2,300 - $13,500 | $2,200 - $12,900 | +5% |
| Total Estimated Cost | $19,000 - $99,000 | $23,000 - $103,000 | -6% |
Local Market Factors
| Factor | Riverside | Chicago |
|---|---|---|
| Cost of Living Index | 112.8 | 107.8 |
| Commercial Rent ($/sqft/yr) | $14 - $32 | $25 - $65 |
| Labor Rate Index | 0.98 | 1.15 |
| Sales Tax | 8.75% | 10.25% |
| Minimum Wage | $16.00/hr | $15.80/hr |
| LLC Filing Fee | $70 | $150 |
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