Printing Business Startup Cost Comparison

Duluth, MN vs Chicago, IL

Duluth, MN

$43,000 - $213,000

COL Index: 93

VS

Chicago, IL

$56,000 - $267,000

COL Index: 107.8

Detailed Cost Comparison

Expense Duluth, MN Chicago, IL Difference
Business Registration & Licenses
$800 - $3,900 $5,600 - $10,900 -72%
Shop Lease (First + Last + Security)
$3,500 - $18,800 $9,800 - $52,800 -64%
Printing Equipment
$20,000 - $100,000 $20,000 - $100,000 Same
Shop Build-Out
$4,500 - $22,500 $5,800 - $28,800 -22%
Paper Stock & Supplies
$3,000 - $15,000 $3,000 - $15,000 Same
Business Insurance (Annual)
$1,500 - $6,000 $1,500 - $6,000 Same
Marketing & Client Acquisition
$2,000 - $10,000 $2,000 - $10,000 Same
Working Capital (3 Months)
$7,400 - $37,200 $8,600 - $43,100 -14%
Total Estimated Cost $43,000 - $213,000 $56,000 - $267,000 -21%

Local Market Factors

Factor Duluth Chicago
Cost of Living Index 93 107.8
Commercial Rent ($/sqft/yr) $10 - $22 $25 - $65
Labor Rate Index 0.9 1.15
Sales Tax 8.875% 10.25%
Minimum Wage $10.85/hr $15.80/hr
LLC Filing Fee $155 $150

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