Pet Store Startup Cost Comparison

Elk Grove, CA vs Chicago, IL

Elk Grove, CA

$55,000 - $281,000

COL Index: 115.6

VS

Chicago, IL

$64,000 - $325,000

COL Index: 107.8

Detailed Cost Comparison

Expense Elk Grove, CA Chicago, IL Difference
Business Registration & Licenses
$2,600 - $9,600 $5,600 - $10,900 -26%
Commercial Lease (First + Last + Security)
$6,300 - $47,000 $11,700 - $88,000 -47%
Initial Inventory
$15,000 - $60,000 $15,000 - $60,000 Same
Store Build-Out & Fixtures
$10,800 - $70,200 $11,500 - $74,800 -6%
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)
$11,600 - $46,200 $10,800 - $43,100 +7%
Total Estimated Cost $55,000 - $281,000 $64,000 - $325,000 -14%

Local Market Factors

Factor Elk Grove Chicago
Cost of Living Index 115.6 107.8
Commercial Rent ($/sqft/yr) $16 - $32 $25 - $65
Labor Rate Index 1.08 1.15
Sales Tax 8.75% 10.25%
Minimum Wage $16.00/hr $15.80/hr
LLC Filing Fee $70 $150

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