Winery Startup Cost Comparison

Olympia, WA vs Chicago, IL

Olympia, WA

$78,000 - $929,000

COL Index: 110.5

VS

Chicago, IL

$91,000 - $1,210,000

COL Index: 107.8

Detailed Cost Comparison

Expense Olympia, WA Chicago, IL Difference
Business Registration & Alcohol Licenses
$2,000 - $10,000 $5,600 - $10,900 -27%
Vineyard or Grape Supply
$10,400 - $313,000 $19,600 - $587,000 -47%
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
$10,500 - $105,000 $11,500 - $115,000 -9%
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)
$22,100 - $165,800 $21,600 - $161,700 +3%
Total Estimated Cost $78,000 - $929,000 $91,000 - $1,210,000 -23%

Local Market Factors

Factor Olympia Chicago
Cost of Living Index 110.5 107.8
Commercial Rent ($/sqft/yr) $16 - $32 $25 - $65
Labor Rate Index 1.05 1.15
Sales Tax 9% 10.25%
Minimum Wage $16.28/hr $15.80/hr
LLC Filing Fee $180 $150

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