Pizza Shop Startup Cost Comparison

Hialeah, FL vs Chicago, IL

Hialeah, FL

$64,000 - $249,000

COL Index: 102.8

VS

Chicago, IL

$87,000 - $340,000

COL Index: 107.8

Detailed Cost Comparison

Expense Hialeah, FL Chicago, IL Difference
Business Registration & Licenses
$500 - $5,000 $500 - $5,000 Same
Commercial Space & Build-Out
$21,500 - $86,100 $44,000 - $176,100 -51%
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)
$11,600 - $30,800 $12,100 - $32,300 -5%
Total Estimated Cost $64,000 - $249,000 $87,000 - $340,000 -27%

Local Market Factors

Factor Hialeah Chicago
Cost of Living Index 102.8 107.8
Commercial Rent ($/sqft/yr) $14 - $30 $25 - $65
Labor Rate Index 0.96 1.15
Sales Tax 7% 10.25%
Minimum Wage $13.00/hr $15.80/hr
LLC Filing Fee $125 $150

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