Security Company Startup Cost Comparison
Sacramento, CA vs Chicago, IL
Sacramento, CA
$18,000 - $114,000
COL Index: 125.8
VS
Chicago, IL
$20,000 - $109,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Sacramento, CA | Chicago, IL | Difference |
|---|---|---|---|
|
Licensing & Registration
|
$2,700 - $10,000 | $5,600 - $10,900 | -23% |
|
Uniforms & Equipment
|
$2,000 - $15,000 | $2,000 - $15,000 | Same |
|
Patrol Vehicle
|
$2,000 - $20,000 | $2,000 - $20,000 | Same |
|
Insurance & Bonding
|
$3,000 - $15,000 | $3,000 - $15,000 | Same |
|
Guard Training Program
|
$1,000 - $8,000 | $1,000 - $8,000 | Same |
|
Marketing & Contract Bidding
|
$1,000 - $8,000 | $1,000 - $8,000 | Same |
|
Working Capital (2 Months)
|
$6,300 - $37,700 | $5,400 - $32,300 | +17% |
| Total Estimated Cost | $18,000 - $114,000 | $20,000 - $109,000 | +2% |
Local Market Factors
| Factor | Sacramento | Chicago |
|---|---|---|
| Cost of Living Index | 125.8 | 107.8 |
| Commercial Rent ($/sqft/yr) | $18 - $45 | $25 - $65 |
| Labor Rate Index | 1.1 | 1.15 |
| Sales Tax | 8.75% | 10.25% |
| Minimum Wage | $16.00/hr | $15.80/hr |
| LLC Filing Fee | $70 | $150 |
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