Vending Machine Business Startup Cost Comparison

Alexandria, VA vs Chicago, IL

Alexandria, VA

$8,000 - $74,000

COL Index: 143.6

VS

Chicago, IL

$8,000 - $73,000

COL Index: 107.8

Detailed Cost Comparison

Expense Alexandria, VA Chicago, IL Difference
Business Registration & Licenses
$200 - $1,500 $200 - $1,500 Same
Vending Machines (3-10)
$6,000 - $50,000 $6,000 - $50,000 Same
Initial Product Inventory
$500 - $3,000 $500 - $3,000 Same
Vehicle for Servicing
$0 - $10,000 $0 - $10,000 Same
Location Placement & Agreements
$0 - $2,000 $0 - $2,000 Same
Cashless Payment & Monitoring
$500 - $3,000 $500 - $3,000 Same
Working Capital (2 Months)
$700 - $4,300 $500 - $3,200 +35%
Total Estimated Cost $8,000 - $74,000 $8,000 - $73,000 +1%

Local Market Factors

Factor Alexandria Chicago
Cost of Living Index 143.6 107.8
Commercial Rent ($/sqft/yr) $28 - $55 $25 - $65
Labor Rate Index 1.35 1.15
Sales Tax 6% 10.25%
Minimum Wage $12.41/hr $15.80/hr
LLC Filing Fee $100 $150

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