Pizza Shop Startup Cost Comparison

Anchorage, AK vs Chicago, IL

Anchorage, AK

$68,000 - $260,000

COL Index: 132.5

VS

Chicago, IL

$87,000 - $340,000

COL Index: 107.8

Detailed Cost Comparison

Expense Anchorage, AK Chicago, IL Difference
Business Registration & Licenses
$500 - $5,000 $500 - $5,000 Same
Commercial Space & Build-Out
$22,000 - $88,000 $44,000 - $176,100 -50%
Equipment & Fixtures
$18,800 - $75,000 $18,800 - $75,000 Same
Initial Inventory & Supplies
$7,500 - $30,000 $7,500 - $30,000 Same
Business Insurance (Annual)
$2,000 - $12,000 $2,000 - $12,000 Same
Marketing & Grand Opening
$2,000 - $10,000 $2,000 - $10,000 Same
Working Capital (3 Months)
$14,900 - $39,800 $12,100 - $32,300 +23%
Total Estimated Cost $68,000 - $260,000 $87,000 - $340,000 -23%

Local Market Factors

Factor Anchorage Chicago
Cost of Living Index 132.5 107.8
Commercial Rent ($/sqft/yr) $15 - $30 $25 - $65
Labor Rate Index 1.22 1.15
Sales Tax 0% 10.25%
Minimum Wage $11.73/hr $15.80/hr
LLC Filing Fee $250 $150

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