Pizza Shop Startup Cost Comparison
Chattanooga, TN vs Chicago, IL
Chattanooga, TN
$58,000 - $225,000
COL Index: 89.8
VS
Chicago, IL
$87,000 - $340,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Chattanooga, TN | 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)
|
$10,100 - $26,900 | $12,100 - $32,300 | -17% |
| Total Estimated Cost | $58,000 - $225,000 | $87,000 - $340,000 | -34% |
Local Market Factors
| Factor | Chattanooga | Chicago |
|---|---|---|
| Cost of Living Index | 89.8 | 107.8 |
| Commercial Rent ($/sqft/yr) | $10 - $24 | $25 - $65 |
| Labor Rate Index | 0.9 | 1.15 |
| Sales Tax | 9.25% | 10.25% |
| Minimum Wage | $7.25/hr | $15.80/hr |
| LLC Filing Fee | $300 | $150 |
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