Pizza Shop Startup Cost Comparison
Billings, MT vs Chicago, IL
Billings, MT
$59,000 - $228,000
COL Index: 98.5
VS
Chicago, IL
$87,000 - $340,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Billings, MT | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$500 - $5,000 | $500 - $5,000 | Same |
|
Commercial Space & Build-Out
|
$16,600 - $66,500 | $44,000 - $176,100 | -62% |
|
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)
|
$11,100 - $29,600 | $12,100 - $32,300 | -8% |
| Total Estimated Cost | $59,000 - $228,000 | $87,000 - $340,000 | -33% |
Local Market Factors
| Factor | Billings | Chicago |
|---|---|---|
| Cost of Living Index | 98.5 | 107.8 |
| Commercial Rent ($/sqft/yr) | $10 - $24 | $25 - $65 |
| Labor Rate Index | 0.88 | 1.15 |
| Sales Tax | 0% | 10.25% |
| Minimum Wage | $10.30/hr | $15.80/hr |
| LLC Filing Fee | $70 | $150 |
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