Winery Startup Cost Comparison

Naperville, IL vs New York, NY

Naperville, IL

$82,000 - $1,028,000

COL Index: 112.5

VS

New York, NY

$125,000 - $1,821,000

COL Index: 187.2

Detailed Cost Comparison

Expense Naperville, IL New York, NY Difference
Business Registration & Alcohol Licenses
$2,000 - $10,000 $5,300 - $17,100 -46%
Vineyard or Grape Supply
$13,500 - $404,300 $34,800 - $1,043,500 -61%
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
$11,000 - $110,000 $14,500 - $145,000 -24%
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)
$22,500 - $168,800 $37,400 - $280,800 -40%
Total Estimated Cost $82,000 - $1,028,000 $125,000 - $1,821,000 -43%

Local Market Factors

Factor Naperville New York
Cost of Living Index 112.5 187.2
Commercial Rent ($/sqft/yr) $20 - $42 $40 - $120
Labor Rate Index 1.1 1.45
Sales Tax 7.75% 8.875%
Minimum Wage $14.00/hr $16.00/hr
LLC Filing Fee $150 $200

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