Winery Startup Cost Comparison
Columbus, OH vs Chicago, IL
Columbus, OH
$75,000 - $905,000
COL Index: 96.8
VS
Chicago, IL
$91,000 - $1,210,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Columbus, OH | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Alcohol Licenses
|
$2,400 - $10,000 | $5,600 - $10,900 | -25% |
|
Vineyard or Grape Supply
|
$10,700 - $319,600 | $19,600 - $587,000 | -46% |
|
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
|
$9,500 - $95,000 | $11,500 - $115,000 | -17% |
|
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)
|
$19,400 - $145,200 | $21,600 - $161,700 | -10% |
| Total Estimated Cost | $75,000 - $905,000 | $91,000 - $1,210,000 | -25% |
Local Market Factors
| Factor | Columbus | Chicago |
|---|---|---|
| Cost of Living Index | 96.8 | 107.8 |
| Commercial Rent ($/sqft/yr) | $14 - $35 | $25 - $65 |
| Labor Rate Index | 0.95 | 1.15 |
| Sales Tax | 7.5% | 10.25% |
| Minimum Wage | $10.45/hr | $15.80/hr |
| LLC Filing Fee | $99 | $150 |
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