Winery Startup Cost Comparison

Anchorage, AK vs Chicago, IL

Anchorage, AK

$85,000 - $963,000

COL Index: 132.5

VS

Chicago, IL

$91,000 - $1,210,000

COL Index: 107.8

Detailed Cost Comparison

Expense Anchorage, AK Chicago, IL Difference
Business Registration & Alcohol Licenses
$3,100 - $13,700 $5,600 - $10,900 +2%
Vineyard or Grape Supply
$9,800 - $293,500 $19,600 - $587,000 -50%
Winemaking Equipment
$20,000 - $200,000 $20,000 - $200,000 Same
Barrels & Storage
$5,000 - $80,000 $5,000 - $80,000 Same
Tasting Room Build-Out
$12,200 - $122,000 $11,500 - $115,000 +6%
Bottles, Labels & Packaging
$3,000 - $30,000 $3,000 - $30,000 Same
Winery Insurance (Annual)
$5,000 - $25,000 $5,000 - $25,000 Same
Working Capital (12 Months)
$26,500 - $198,800 $21,600 - $161,700 +23%
Total Estimated Cost $85,000 - $963,000 $91,000 - $1,210,000 -19%

Local Market Factors

Factor Anchorage Chicago
Cost of Living Index 132.5 107.8
Commercial Rent ($/sqft/yr) $15 - $30 $25 - $65
Labor Rate Index 1.22 1.15
Sales Tax 0% 10.25%
Minimum Wage $11.73/hr $15.80/hr
LLC Filing Fee $250 $150

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