Moving Company Startup Cost Comparison

Bismarck, ND vs Chicago, IL

Bismarck, ND

$25,000 - $130,000

COL Index: 92

VS

Chicago, IL

$31,000 - $140,000

COL Index: 107.8

Detailed Cost Comparison

Expense Bismarck, ND Chicago, IL Difference
Business Registration & Moving Licenses
$700 - $5,000 $5,600 - $10,900 -65%
Moving Trucks
$10,000 - $60,000 $10,000 - $60,000 Same
Moving Equipment & Supplies
$2,000 - $8,000 $2,000 - $8,000 Same
Packing Supplies Inventory
$1,000 - $4,000 $1,000 - $4,000 Same
Business & Cargo Insurance (Annual)
$5,000 - $18,000 $5,000 - $18,000 Same
Marketing & Lead Generation
$2,000 - $12,000 $2,000 - $12,000 Same
Working Capital (3 Months)
$4,600 - $23,000 $5,400 - $27,000 -15%
Total Estimated Cost $25,000 - $130,000 $31,000 - $140,000 -9%

Local Market Factors

Factor Bismarck Chicago
Cost of Living Index 92 107.8
Commercial Rent ($/sqft/yr) $10 - $22 $25 - $65
Labor Rate Index 0.88 1.15
Sales Tax 7.5% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $135 $150

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