Printing Business Startup Cost Comparison

Greensboro, NC vs Chicago, IL

Greensboro, NC

$43,000 - $214,000

COL Index: 90.4

VS

Chicago, IL

$56,000 - $267,000

COL Index: 107.8

Detailed Cost Comparison

Expense Greensboro, NC Chicago, IL Difference
Business Registration & Licenses
$1,100 - $5,000 $5,600 - $10,900 -63%
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)
$7,200 - $36,200 $8,600 - $43,100 -16%
Total Estimated Cost $43,000 - $214,000 $56,000 - $267,000 -20%

Local Market Factors

Factor Greensboro Chicago
Cost of Living Index 90.4 107.8
Commercial Rent ($/sqft/yr) $10 - $22 $25 - $65
Labor Rate Index 0.9 1.15
Sales Tax 6.75% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $125 $150

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