Winery Startup Cost Comparison

Plano, TX vs Chicago, IL

Plano, TX

$79,000 - $972,000

COL Index: 104.5

VS

Chicago, IL

$91,000 - $1,210,000

COL Index: 107.8

Detailed Cost Comparison

Expense Plano, TX Chicago, IL Difference
Business Registration & Alcohol Licenses
$2,000 - $10,000 $5,600 - $10,900 -27%
Vineyard or Grape Supply
$12,200 - $365,200 $19,600 - $587,000 -38%
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)
$20,900 - $156,800 $21,600 - $161,700 -3%
Total Estimated Cost $79,000 - $972,000 $91,000 - $1,210,000 -19%

Local Market Factors

Factor Plano Chicago
Cost of Living Index 104.5 107.8
Commercial Rent ($/sqft/yr) $18 - $38 $25 - $65
Labor Rate Index 1.05 1.15
Sales Tax 8.25% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $300 $150

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