Pet Store Startup Cost Comparison

Dallas, TX vs Chicago, IL

Dallas, TX

$56,000 - $291,000

COL Index: 103.1

VS

Chicago, IL

$64,000 - $325,000

COL Index: 107.8

Detailed Cost Comparison

Expense Dallas, TX Chicago, IL Difference
Business Registration & Licenses
$2,000 - $6,500 $5,600 - $10,900 -48%
Commercial Lease (First + Last + Security)
$8,900 - $66,500 $11,700 - $88,000 -24%
Initial Inventory
$15,000 - $60,000 $15,000 - $60,000 Same
Store Build-Out & Fixtures
$10,500 - $68,300 $11,500 - $74,800 -9%
Specialized Equipment
$5,000 - $30,000 $5,000 - $30,000 Same
Business Insurance (Annual)
$2,000 - $8,000 $2,000 - $8,000 Same
Marketing & Grand Opening
$2,000 - $10,000 $2,000 - $10,000 Same
Working Capital (3 Months)
$10,300 - $41,200 $10,800 - $43,100 -4%
Total Estimated Cost $56,000 - $291,000 $64,000 - $325,000 -11%

Local Market Factors

Factor Dallas Chicago
Cost of Living Index 103.1 107.8
Commercial Rent ($/sqft/yr) $18 - $50 $25 - $65
Labor Rate Index 1.05 1.15
Sales Tax 8.25% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $300 $150

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