Winery Startup Cost Comparison

Boca Raton, FL vs Chicago, IL

Boca Raton, FL

$87,000 - $1,117,000

COL Index: 118.5

VS

Chicago, IL

$91,000 - $1,210,000

COL Index: 107.8

Detailed Cost Comparison

Expense Boca Raton, FL Chicago, IL Difference
Business Registration & Alcohol Licenses
$2,500 - $10,000 $5,600 - $10,900 -24%
Vineyard or Grape Supply
$16,100 - $482,600 $19,600 - $587,000 -18%
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
$11,200 - $112,000 $11,500 - $115,000 -3%
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)
$23,700 - $177,800 $21,600 - $161,700 +10%
Total Estimated Cost $87,000 - $1,117,000 $91,000 - $1,210,000 -7%

Local Market Factors

Factor Boca Raton Chicago
Cost of Living Index 118.5 107.8
Commercial Rent ($/sqft/yr) $24 - $50 $25 - $65
Labor Rate Index 1.12 1.15
Sales Tax 7% 10.25%
Minimum Wage $13.00/hr $15.80/hr
LLC Filing Fee $125 $150

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