Plumbing Startup Cost Comparison
Gulfport, MS vs Chicago, IL
Gulfport, MS
$15,000 - $88,000
COL Index: 86.2
VS
Chicago, IL
$21,000 - $97,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Gulfport, MS | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Plumbing License
|
$700 - $5,000 | $5,600 - $10,900 | -65% |
|
Service Vehicle
|
$5,000 - $35,000 | $5,000 - $35,000 | Same |
|
Plumbing Tools & Equipment
|
$3,000 - $15,000 | $3,000 - $15,000 | Same |
|
Parts & Supplies Inventory
|
$1,000 - $5,000 | $1,000 - $5,000 | Same |
|
Business Insurance (Annual)
|
$2,000 - $7,000 | $2,000 - $7,000 | Same |
|
Marketing & Lead Generation
|
$1,000 - $8,000 | $1,000 - $8,000 | Same |
|
Working Capital (3 Months)
|
$2,600 - $12,900 | $3,200 - $16,200 | -20% |
| Total Estimated Cost | $15,000 - $88,000 | $21,000 - $97,000 | -13% |
Local Market Factors
| Factor | Gulfport | Chicago |
|---|---|---|
| Cost of Living Index | 86.2 | 107.8 |
| Commercial Rent ($/sqft/yr) | $10 - $20 | $25 - $65 |
| Labor Rate Index | 0.83 | 1.15 |
| Sales Tax | 8% | 10.25% |
| Minimum Wage | $7.25/hr | $15.80/hr |
| LLC Filing Fee | $50 | $150 |
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