Restaurant Startup Cost Comparison

Henderson, NV vs Chicago, IL

Henderson, NV

$84,000 - $332,000

COL Index: 107.5

VS

Chicago, IL

$97,000 - $380,000

COL Index: 107.8

Detailed Cost Comparison

Expense Henderson, NV Chicago, IL Difference
Business Registration & Licenses
$2,000 - $8,400 $5,600 - $10,900 -37%
Commercial Lease (First + Last + Security)
$10,600 - $52,800 $17,600 - $88,000 -40%
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
$20,400 - $81,600 $23,000 - $92,000 -11%
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)
$16,100 - $53,800 $16,200 - $53,900 Same
Total Estimated Cost $84,000 - $332,000 $97,000 - $380,000 -13%

Local Market Factors

Factor Henderson Chicago
Cost of Living Index 107.5 107.8
Commercial Rent ($/sqft/yr) $16 - $38 $25 - $65
Labor Rate Index 1.02 1.15
Sales Tax 8.375% 10.25%
Minimum Wage $12.00/hr $15.80/hr
LLC Filing Fee $425 $150

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