Printing Business Startup Cost Comparison

Santa Fe, NM vs Chicago, IL

Santa Fe, NM

$48,000 - $240,000

COL Index: 112.5

VS

Chicago, IL

$56,000 - $267,000

COL Index: 107.8

Detailed Cost Comparison

Expense Santa Fe, NM Chicago, IL Difference
Business Registration & Licenses
$1,600 - $6,600 $5,600 - $10,900 -50%
Shop Lease (First + Last + Security)
$5,900 - $31,700 $9,800 - $52,800 -40%
Printing Equipment
$20,000 - $100,000 $20,000 - $100,000 Same
Shop Build-Out
$5,100 - $25,500 $5,800 - $28,800 -12%
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)
$9,000 - $45,000 $8,600 - $43,100 +4%
Total Estimated Cost $48,000 - $240,000 $56,000 - $267,000 -11%

Local Market Factors

Factor Santa Fe Chicago
Cost of Living Index 112.5 107.8
Commercial Rent ($/sqft/yr) $16 - $38 $25 - $65
Labor Rate Index 1.02 1.15
Sales Tax 8.4375% 10.25%
Minimum Wage $14.60/hr $15.80/hr
LLC Filing Fee $50 $150

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