Vending Machine Business Startup Cost Comparison

Palm Coast, FL vs Chicago, IL

Palm Coast, FL

$8,000 - $72,000

COL Index: 97.3

VS

Chicago, IL

$8,000 - $73,000

COL Index: 107.8

Detailed Cost Comparison

Expense Palm Coast, FL 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)
$500 - $2,900 $500 - $3,200 -8%
Total Estimated Cost $8,000 - $72,000 $8,000 - $73,000 -1%

Local Market Factors

Factor Palm Coast Chicago
Cost of Living Index 97.3 107.8
Commercial Rent ($/sqft/yr) $13 - $26 $25 - $65
Labor Rate Index 0.92 1.15
Sales Tax 7% 10.25%
Minimum Wage $13.00/hr $15.80/hr
LLC Filing Fee $125 $150

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