Winery Startup Cost Comparison

Gary, IN vs Chicago, IL

Gary, IN

$64,000 - $705,000

COL Index: 81.5

VS

Chicago, IL

$91,000 - $1,210,000

COL Index: 107.8

Detailed Cost Comparison

Expense Gary, IN Chicago, IL Difference
Business Registration & Alcohol Licenses
$2,000 - $10,000 $5,600 - $10,900 -27%
Vineyard or Grape Supply
$5,400 - $163,000 $19,600 - $587,000 -72%
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
$7,500 - $75,000 $11,500 - $115,000 -35%
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)
$16,300 - $122,300 $21,600 - $161,700 -24%
Total Estimated Cost $64,000 - $705,000 $91,000 - $1,210,000 -41%

Local Market Factors

Factor Gary Chicago
Cost of Living Index 81.5 107.8
Commercial Rent ($/sqft/yr) $7 - $18 $25 - $65
Labor Rate Index 0.75 1.15
Sales Tax 7% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $95 $150

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