Startup Costs in Illinois
Illinois benefits from Chicago's status as a major business hub with excellent infrastructure, a deep labor pool, and access to the entire Midwest market. Outside Chicago, costs drop significantly. The state's flat income tax rate and rising minimum wage are factors to plan around, but the customer base density in the Chicago metro makes up for it.
Illinois (IL) by the Numbers
$150
$75
4.95%
6.25%
$15.00/hr
0.98x
1.02x
0.95x
What Illinois' Numbers Mean for Founders
- State income tax caps at 4.95%.
- Minimum wage is $15.00/hour - on the high end nationally, which lifts your entry-level labor costs.
Illinois Cost Guides (10)
Bakery
Illinois bakery startup costs: $15,000-$246,500. Complete guide to Illinois licensing, hidden costs,
Cleaning Business
Starting a cleaning business in Illinois costs $1,500-$15,000. Full Illinois cost breakdown with cit
Coffee Shop
Illinois coffee shop startup costs: $24,500-$296,000. Complete guide to Illinois licensing, hidden c
Dog Grooming Business
How much does it cost to start a dog grooming business in Illinois? Expect $4,900-$98,500. Illinois-
Food Truck
How much does it cost to start a food truck in Illinois? Expect $27,500-$112,500. Illinois-specific
Gym
Starting a gym in Illinois costs $49,500-$493,500. Full Illinois cost breakdown with city comparison
Landscaping Business
Starting a landscaping business in Illinois costs $4,900-$49,500. Full Illinois cost breakdown with
Personal Training Studio
Illinois personal training studio startup costs: $19,500-$98,500. Complete guide to Illinois licensi
Pressure Washing Business
How much does it cost to start a pressure washing business in Illinois? Expect $3,000-$19,500. Illin
Restaurant
Illinois restaurant startup costs: $172,500-$740,000. Complete guide to Illinois licensing, hidden c