Moving Company Startup Cost Comparison

Henderson, NV vs Chicago, IL

Henderson, NV

$27,000 - $137,000

COL Index: 107.5

VS

Chicago, IL

$31,000 - $140,000

COL Index: 107.8

Detailed Cost Comparison

Expense Henderson, NV Chicago, IL Difference
Business Registration & Moving Licenses
$2,000 - $8,400 $5,600 - $10,900 -37%
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)
$5,400 - $26,900 $5,400 - $27,000 Same
Total Estimated Cost $27,000 - $137,000 $31,000 - $140,000 -4%

Local Market Factors

Factor Henderson Chicago
Cost of Living Index 107.5 107.8
Commercial Rent ($/sqft/yr) $16 - $38 $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 $425 $150

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