Meal Prep Business Startup Cost Comparison

Las Vegas, NV vs Chicago, IL

Las Vegas, NV

$19,000 - $91,000

COL Index: 105.8

VS

Chicago, IL

$24,000 - $102,000

COL Index: 107.8

Detailed Cost Comparison

Expense Las Vegas, NV Chicago, IL Difference
Business Registration & Licenses
$2,700 - $9,900 $5,600 - $10,900 -24%
Commercial Kitchen Access
$4,100 - $20,500 $5,900 - $29,300 -30%
Kitchen Equipment & Supplies
$3,000 - $20,000 $3,000 - $20,000 Same
Initial Food Inventory
$1,000 - $5,000 $1,000 - $5,000 Same
Packaging & Labeling
$800 - $4,000 $800 - $4,000 Same
Business Insurance (Annual)
$1,500 - $5,000 $1,500 - $5,000 Same
Marketing & Customer Acquisition
$1,500 - $8,000 $1,500 - $8,000 Same
Working Capital (3 Months)
$4,200 - $19,000 $4,300 - $19,400 -2%
Total Estimated Cost $19,000 - $91,000 $24,000 - $102,000 -13%

Local Market Factors

Factor Las Vegas Chicago
Cost of Living Index 105.8 107.8
Commercial Rent ($/sqft/yr) $18 - $45 $25 - $65
Labor Rate Index 1.02 1.15
Sales Tax 8.375% 10.25%
Minimum Wage $12.00/hr $15.80/hr
LLC Filing Fee $75 $150

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