Mobile Mechanic Startup Cost Comparison
Madison, WI vs Chicago, IL
Madison, WI
$7,000 - $52,000
COL Index: 102.5
VS
Chicago, IL
$12,000 - $58,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Madison, WI | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Certification
|
$900 - $4,600 | $5,600 - $10,900 | -67% |
|
Service Vehicle & Setup
|
$2,000 - $25,000 | $2,000 - $25,000 | Same |
|
Tools & Diagnostic Equipment
|
$1,500 - $10,000 | $1,500 - $10,000 | Same |
|
Insurance (Annual)
|
$1,500 - $5,000 | $1,500 - $5,000 | Same |
|
Booking & Payment Technology
|
$200 - $1,000 | $200 - $1,000 | Same |
|
Marketing & Listings
|
$500 - $3,000 | $500 - $3,000 | Same |
|
Working Capital (1 Month)
|
$500 - $3,100 | $500 - $3,200 | -3% |
| Total Estimated Cost | $7,000 - $52,000 | $12,000 - $58,000 | -16% |
Local Market Factors
| Factor | Madison | Chicago |
|---|---|---|
| Cost of Living Index | 102.5 | 107.8 |
| Commercial Rent ($/sqft/yr) | $14 - $32 | $25 - $65 |
| Labor Rate Index | 0.98 | 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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