Notary Business Startup Cost Comparison

Seattle, WA vs Chicago, IL

Seattle, WA

$2,000 - $15,000

COL Index: 147.1

VS

Chicago, IL

$2,000 - $14,000

COL Index: 107.8

Detailed Cost Comparison

Expense Seattle, WA Chicago, IL Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$400 - $2,000 $400 - $2,000 Same
Initial Supplies & Inventory
$200 - $800 $200 - $800 Same
Business Insurance (Annual)
$500 - $3,000 $500 - $3,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$200 - $700 $200 - $500 +29%
Total Estimated Cost $2,000 - $15,000 $2,000 - $14,000 +6%

Local Market Factors

Factor Seattle Chicago
Cost of Living Index 147.1 107.8
Commercial Rent ($/sqft/yr) $28 - $72 $25 - $65
Labor Rate Index 1.4 1.15
Sales Tax 10.25% 10.25%
Minimum Wage $19.97/hr $15.80/hr
LLC Filing Fee $200 $150

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