Printing Business Startup Cost Comparison

Madison, WI vs Chicago, IL

Madison, WI

$46,000 - $228,000

COL Index: 102.5

VS

Chicago, IL

$56,000 - $267,000

COL Index: 107.8

Detailed Cost Comparison

Expense Madison, WI Chicago, IL Difference
Business Registration & Licenses
$900 - $4,600 $5,600 - $10,900 -67%
Shop Lease (First + Last + Security)
$5,000 - $27,000 $9,800 - $52,800 -49%
Printing Equipment
$20,000 - $100,000 $20,000 - $100,000 Same
Shop Build-Out
$4,900 - $24,500 $5,800 - $28,800 -15%
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)
$8,200 - $41,000 $8,600 - $43,100 -5%
Total Estimated Cost $46,000 - $228,000 $56,000 - $267,000 -15%

Local Market Factors

Factor Madison Chicago
Cost of Living Index 102.5 107.8
Commercial Rent ($/sqft/yr) $14 - $32 $25 - $65
Labor Rate Index 0.98 1.15
Sales Tax 5.5% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $130 $150

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