Travel Agency Startup Cost Comparison

Fort Worth, TX vs Chicago, IL

Fort Worth, TX

$8,000 - $42,000

COL Index: 98.5

VS

Chicago, IL

$12,000 - $52,000

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%
Host Agency Fees & Consortia
$200 - $1,500 $200 - $1,500 Same
Industry Accreditation & Training
$500 - $5,000 $500 - $5,000 Same
Software & Booking Tools
$500 - $3,000 $500 - $3,000 Same
Office Setup
$600 - $6,300 $1,000 - $9,800 -36%
Errors & Omissions Insurance (Annual)
$500 - $2,500 $500 - $2,500 Same
Marketing & Client Acquisition
$1,500 - $8,000 $1,500 - $8,000 Same
Working Capital (3 Months)
$2,000 - $9,900 $2,200 - $10,800 -8%
Total Estimated Cost $8,000 - $42,000 $12,000 - $52,000 -22%

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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