Sign Shop Startup Cost Comparison

Roanoke, VA vs Chicago, IL

Roanoke, VA

$13,000 - $65,000

COL Index: 90.5

VS

Chicago, IL

$23,000 - $115,000

COL Index: 107.8

Detailed Cost Comparison

Expense Roanoke, VA Chicago, IL Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$5,900 - $29,600 $15,700 - $78,300 -62%
Initial Supplies & Inventory
$3,000 - $15,000 $3,000 - $15,000 Same
Business Insurance (Annual)
$500 - $3,000 $500 - $3,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$2,700 - $9,100 $3,200 - $10,800 -16%
Total Estimated Cost $13,000 - $65,000 $23,000 - $115,000 -43%

Local Market Factors

Factor Roanoke Chicago
Cost of Living Index 90.5 107.8
Commercial Rent ($/sqft/yr) $10 - $24 $25 - $65
Labor Rate Index 0.85 1.15
Sales Tax 5.3% 10.25%
Minimum Wage $12.41/hr $15.80/hr
LLC Filing Fee $100 $150

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