Restaurant Startup Cost Comparison
Fort Worth, TX vs Chicago, IL
Fort Worth, TX
$83,000 - $326,000
COL Index: 98.5
VS
Chicago, IL
$97,000 - $380,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Fort Worth, TX | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,900 - $6,200 | $5,600 - $10,900 | -51% |
|
Commercial Lease (First + Last + Security)
|
$11,300 - $56,700 | $17,600 - $88,000 | -36% |
|
Kitchen Equipment & Fixtures
|
$25,000 - $100,000 | $25,000 - $100,000 | Same |
|
Initial Food & Beverage Inventory
|
$5,000 - $15,000 | $5,000 - $15,000 | Same |
|
Interior Build-Out & Renovation
|
$19,600 - $78,400 | $23,000 - $92,000 | -15% |
|
Business Insurance (Annual)
|
$3,000 - $10,000 | $3,000 - $10,000 | Same |
|
Marketing & Grand Opening
|
$2,000 - $10,000 | $2,000 - $10,000 | Same |
|
Working Capital (3 Months)
|
$14,800 - $49,300 | $16,200 - $53,900 | -9% |
| Total Estimated Cost | $83,000 - $326,000 | $97,000 - $380,000 | -14% |
Local Market Factors
| Factor | Fort Worth | Chicago |
|---|---|---|
| Cost of Living Index | 98.5 | 107.8 |
| Commercial Rent ($/sqft/yr) | $16 - $42 | $25 - $65 |
| Labor Rate Index | 0.98 | 1.15 |
| Sales Tax | 8.25% | 10.25% |
| Minimum Wage | $7.25/hr | $15.80/hr |
| LLC Filing Fee | $300 | $150 |
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