How Much Does It Cost to Start a Business in Evansville, IN?

Population: 117,429 | Cost of living: 83% | Sales tax: 7% | Min wage: $7.25

Startup Costs by Industry in Evansville

Industry Estimated Startup Cost National Average Local Difference
Accounting Firm $14,000 - $56,000 $15,000 - $60,000 -7%
Acupuncture Practice $6,000 - $39,000 $10,000 - $60,000 -36%
Affiliate Marketing Business $1,000 - $9,000 $500 - $5,000 +82%
After-School Program $16,000 - $90,000 $20,000 - $100,000 -12%
AI Consulting Business $5,000 - $45,000 $2,000 - $50,000 -4%
Airbnb Rental Business $9,000 - $47,000 $10,000 - $50,000 -7%
Amazon FBA Business $6,000 - $61,000 $5,000 - $50,000 +22%
App Development $14,000 - $91,000 $15,000 - $100,000 -9%
Aquaponics Farm $15,000 - $123,000 $20,000 - $150,000 -19%
Arcade & Gaming Center $75,000 - $440,000 $100,000 - $500,000 -14%
ATM Business $4,000 - $53,000 $3,000 - $30,000 +73%
Auto Detailing $7,000 - $58,000 $5,000 - $75,000 -19%
Auto Repair Shop $48,000 - $245,000 $50,000 - $300,000 -16%
Axe Throwing Venue $33,000 - $166,000 $50,000 - $200,000 -20%
Bakery $45,000 - $196,000 $60,000 - $250,000 -22%
Bar $72,000 - $290,000 $100,000 - $400,000 -28%
Barbershop $33,000 - $122,000 $50,000 - $150,000 -23%
Beauty Supply Store $16,000 - $80,000 $30,000 - $150,000 -47%
Bed & Breakfast $76,000 - $380,000 $100,000 - $500,000 -24%
Beekeeping Business $11,000 - $52,000 $10,000 - $50,000 +5%
Bike Shop $16,000 - $104,000 $30,000 - $200,000 -48%
Auto Body Shop $26,000 - $152,000 $50,000 - $300,000 -49%
Bookkeeping Service $3,000 - $17,000 $2,000 - $10,000 +67%
Bookstore $36,000 - $145,000 $40,000 - $200,000 -25%
Boutique $38,000 - $186,000 $50,000 - $250,000 -25%
Bowling Alley $348,000 - $2,138,000 $500,000 - $3,000,000 -29%
Brewery $166,000 - $931,000 $250,000 - $1,500,000 -37%
Campground $78,000 - $725,000 $100,000 - $1,000,000 -27%
Candy Shop $17,000 - $87,000 $20,000 - $100,000 -13%
Car Rental Business $49,000 - $466,000 $50,000 - $500,000 -6%
Car Wash $65,000 - $423,000 $75,000 - $500,000 -15%
Carpentry Business $17,000 - $87,000 $15,000 - $75,000 +16%
Carpet Cleaning Business $4,000 - $25,000 $5,000 - $30,000 -17%
Catering Business $22,000 - $114,000 $20,000 - $125,000 -6%
Chiropractic $73,000 - $263,000 $100,000 - $350,000 -25%
Christmas Tree Farm $20,000 - $116,000 $20,000 - $100,000 +13%
Cleaning Service $6,000 - $41,000 $5,000 - $50,000 -15%
Clothing Store $14,000 - $80,000 $25,000 - $150,000 -46%
Coding Bootcamp $6,000 - $57,000 $10,000 - $100,000 -43%
Coffee Roastery $19,000 - $238,000 $20,000 - $300,000 -20%
Coffee Shop $52,000 - $202,000 $80,000 - $300,000 -33%
Computer Repair Business $4,000 - $25,000 $5,000 - $30,000 -17%
Concrete Business $28,000 - $149,000 $30,000 - $150,000 -2%
Construction Company $56,000 - $480,000 $50,000 - $500,000 -3%
Consulting Business $9,000 - $58,000 $5,000 - $50,000 +22%
Convenience Store $37,000 - $238,000 $50,000 - $350,000 -31%
Courier & Delivery Service $7,000 - $52,000 $5,000 - $50,000 +7%
Coworking Space $51,000 - $248,000 $100,000 - $500,000 -50%
Cybersecurity Firm $6,000 - $57,000 $10,000 - $100,000 -43%
Dance Studio $22,000 - $102,000 $30,000 - $150,000 -31%
Daycare $36,000 - $145,000 $50,000 - $300,000 -48%
Demolition Company $59,000 - $277,000 $50,000 - $250,000 +12%
Dental Practice $279,000 - $685,000 $350,000 - $750,000 -12%
Digital Marketing $8,000 - $47,000 $5,000 - $50,000 Avg
Distillery $69,000 - $630,000 $100,000 - $1,000,000 -36%
Dog Daycare $25,000 - $169,000 $40,000 - $350,000 -50%
Dog Grooming Business $9,000 - $45,000 $10,000 - $50,000 -10%
Dog Training Business $3,000 - $20,000 $2,000 - $20,000 +5%
Dog Walking Business $2,000 - $7,000 $500 - $5,000 +64%
Donut Shop $37,000 - $178,000 $50,000 - $250,000 -28%
Driving School $22,000 - $93,000 $25,000 - $100,000 -8%
Drone Business $4,000 - $36,000 $3,000 - $50,000 -25%
Dropshipping Business $2,000 - $14,000 $500 - $10,000 +52%
Electrical $17,000 - $91,000 $15,000 - $100,000 -6%
Embroidery & Custom Apparel $6,000 - $34,000 $10,000 - $50,000 -33%
Escape Room $36,000 - $229,000 $50,000 - $300,000 -24%
Etsy Shop $1,000 - $8,000 $500 - $5,000 +64%
Event Planning Business $7,000 - $33,000 $5,000 - $30,000 +14%
Excavation Business $85,000 - $379,000 $80,000 - $350,000 +8%
Farm $38,000 - $397,000 $50,000 - $500,000 -21%
Fast Food Franchise $104,000 - $1,466,000 $100,000 - $2,500,000 -40%
Fencing Business $6,000 - $34,000 $10,000 - $50,000 -33%
Financial Advisory Practice $6,000 - $34,000 $10,000 - $50,000 -33%
Fitness Studio $26,000 - $152,000 $50,000 - $300,000 -49%
Flooring Business $12,000 - $70,000 $10,000 - $60,000 +17%
Flower Shop $26,000 - $133,000 $30,000 - $175,000 -22%
Food Delivery Service $13,000 - $75,000 $10,000 - $75,000 +4%
Food Truck $55,000 - $207,000 $50,000 - $200,000 +5%
Franchise Business $33,000 - $814,000 $20,000 - $1,000,000 -17%
Garage Door Business $6,000 - $34,000 $10,000 - $50,000 -33%
Gas Station $126,000 - $966,000 $250,000 - $2,000,000 -51%
General Contractor $31,000 - $189,000 $30,000 - $200,000 -4%
Ghost Kitchen $17,000 - $87,000 $20,000 - $100,000 -13%
Gift Shop $26,000 - $118,000 $30,000 - $150,000 -20%
Glamping Business $11,000 - $104,000 $20,000 - $200,000 -48%
Graphic Design Business $5,000 - $24,000 $3,000 - $20,000 +26%
Greenhouse Business $22,000 - $174,000 $30,000 - $200,000 -15%
Grocery Store $82,000 - $1,035,000 $80,000 - $2,000,000 -46%
Gym $70,000 - $344,000 $50,000 - $500,000 -25%
Hair Salon $47,000 - $170,000 $60,000 - $200,000 -17%
Handyman $8,000 - $43,000 $5,000 - $40,000 +13%
Home Health Care Agency $41,000 - $285,000 $40,000 - $350,000 -16%
Home Inspection Business $6,000 - $32,000 $5,000 - $25,000 +27%
Hostel $26,000 - $152,000 $50,000 - $300,000 -49%
Hotel $411,000 - $3,662,000 $500,000 - $5,000,000 -26%
HVAC $25,000 - $128,000 $20,000 - $150,000 -10%
Ice Cream Shop $44,000 - $230,000 $50,000 - $300,000 -22%
Insurance Agency $17,000 - $69,000 $20,000 - $80,000 -14%
Interior Design Business $4,000 - $25,000 $5,000 - $30,000 -17%
IT Services $14,000 - $91,000 $15,000 - $100,000 -9%
Jewelry Store $26,000 - $128,000 $50,000 - $250,000 -49%
Juice Bar $32,000 - $151,000 $40,000 - $200,000 -24%
Junk Removal Business $4,000 - $34,000 $5,000 - $50,000 -31%
Landscaping $13,000 - $75,000 $10,000 - $80,000 -2%
Language School $6,000 - $46,000 $10,000 - $75,000 -39%
Laundromat $124,000 - $661,000 $200,000 - $1,000,000 -35%
Lavender Farm $11,000 - $57,000 $20,000 - $100,000 -43%
Law Firm $34,000 - $154,000 $50,000 - $200,000 -25%
Liquor Store $69,000 - $268,000 $100,000 - $400,000 -33%
Locksmith Business $4,000 - $25,000 $5,000 - $30,000 -17%
Managed IT Services $6,000 - $46,000 $10,000 - $75,000 -39%
Manufacturing Business $52,000 - $885,000 $50,000 - $1,000,000 -11%
Marketing Agency $14,000 - $78,000 $10,000 - $75,000 +8%
Martial Arts Studio $22,000 - $105,000 $30,000 - $150,000 -29%
Masonry Business $18,000 - $93,000 $15,000 - $80,000 +17%
Massage Therapy Practice $4,000 - $34,000 $5,000 - $50,000 -31%
Meal Prep Business $14,000 - $68,000 $15,000 - $100,000 -29%
Med Spa $180,000 - $510,000 $250,000 - $600,000 -19%
Medical Practice $77,000 - $432,000 $70,000 - $500,000 -11%
Microgreens Farm $3,000 - $21,000 $2,000 - $15,000 +41%
Mini Golf Course $65,000 - $356,000 $100,000 - $500,000 -30%
Mobile Mechanic $7,000 - $49,000 $5,000 - $50,000 +2%
Moving Company $25,000 - $128,000 $20,000 - $150,000 -10%
Mushroom Farm $8,000 - $60,000 $10,000 - $80,000 -24%
Music School $21,000 - $99,000 $25,000 - $120,000 -17%
Nail Salon $29,000 - $115,000 $40,000 - $150,000 -24%
Notary Business $2,000 - $14,000 $1,000 - $5,000 +167%
Plant Nursery $22,000 - $129,000 $25,000 - $150,000 -14%
Oil Change Shop $36,000 - $191,000 $40,000 - $250,000 -22%
Online Coaching Business $2,000 - $20,000 $1,000 - $10,000 +100%
Online Store $3,000 - $42,000 $2,000 - $30,000 +41%
Painting $8,000 - $49,000 $5,000 - $50,000 +4%
Pawn Shop $26,000 - $104,000 $50,000 - $200,000 -48%
Personal Training $11,000 - $75,000 $10,000 - $100,000 -22%
Pest Control $15,000 - $75,000 $10,000 - $75,000 +6%
Pet Boarding Facility $33,000 - $267,000 $50,000 - $500,000 -45%
Pet Sitting Business $2,000 - $6,000 $500 - $5,000 +45%
Pet Store $45,000 - $223,000 $60,000 - $300,000 -26%
Pharmacy $234,000 - $1,216,000 $250,000 - $1,700,000 -26%
Phone Repair Shop $6,000 - $34,000 $10,000 - $50,000 -33%
Photography Business $11,000 - $63,000 $10,000 - $50,000 +23%
Physical Therapy Clinic $26,000 - $152,000 $50,000 - $300,000 -49%
Pilates Studio $16,000 - $80,000 $30,000 - $150,000 -47%
Pizza Shop $53,000 - $208,000 $75,000 - $300,000 -30%
Plumbing $15,000 - $88,000 $15,000 - $100,000 -10%
Podcast Studio $13,000 - $66,000 $15,000 - $80,000 -17%
Pool Construction Business $26,000 - $152,000 $50,000 - $300,000 -49%
Pool Cleaning & Service $4,000 - $23,000 $5,000 - $25,000 -10%
Preschool $58,000 - $221,000 $80,000 - $300,000 -27%
Pressure Washing Business $3,000 - $24,000 $3,000 - $20,000 +17%
Print-on-Demand Business $1,000 - $11,000 $500 - $8,000 +41%
Printing Business $41,000 - $203,000 $50,000 - $250,000 -19%
Property Management Company $5,000 - $28,000 $5,000 - $50,000 -40%
Real Estate Agency $22,000 - $94,000 $25,000 - $100,000 -7%
Real Estate Investment Business $19,000 - $304,000 $20,000 - $500,000 -38%
Recording Studio $35,000 - $166,000 $50,000 - $200,000 -20%
Restaurant $70,000 - $273,000 $75,000 - $250,000 +6%
Retail Store $34,000 - $181,000 $50,000 - $250,000 -28%
Roofing $25,000 - $135,000 $20,000 - $150,000 -6%
SaaS Company $22,000 - $192,000 $25,000 - $200,000 -5%
Security Company $15,000 - $101,000 $10,000 - $100,000 +5%
Self-Storage Facility $238,000 - $2,606,000 $500,000 - $5,000,000 -48%
Senior Care Facility $84,000 - $753,000 $100,000 - $1,500,000 -48%
SEO Agency $9,000 - $48,000 $5,000 - $50,000 +4%
Sign Shop $11,000 - $57,000 $20,000 - $100,000 -43%
Smoke Shop $16,000 - $80,000 $30,000 - $150,000 -47%
Solar Installation Business $26,000 - $152,000 $50,000 - $300,000 -49%
Spa $70,000 - $264,000 $100,000 - $350,000 -26%
Staffing Agency $28,000 - $127,000 $30,000 - $150,000 -14%
Subscription Box Business $6,000 - $53,000 $5,000 - $50,000 +7%
Swim School $26,000 - $152,000 $50,000 - $300,000 -49%
Tanning Salon $26,000 - $128,000 $50,000 - $250,000 -49%
Tattoo Shop $16,000 - $80,000 $30,000 - $150,000 -47%
Tax Preparation Business $8,000 - $39,000 $8,000 - $40,000 -2%
Tech Startup $18,000 - $135,000 $20,000 - $150,000 -10%
Thrift Store $15,000 - $81,000 $20,000 - $120,000 -31%
Tire Shop $46,000 - $216,000 $50,000 - $250,000 -13%
Tour Company $12,000 - $82,000 $10,000 - $80,000 +4%
Towing Company $48,000 - $250,000 $50,000 - $300,000 -15%
Trampoline Park $294,000 - $1,344,000 $500,000 - $2,000,000 -34%
Travel Agency $6,000 - $34,000 $5,000 - $30,000 +14%
Tree Service $9,000 - $57,000 $15,000 - $100,000 -43%
Trucking Company $21,000 - $284,000 $15,000 - $400,000 -27%
Tutoring Business $3,000 - $16,000 $2,000 - $15,000 +12%
Used Car Dealer $41,000 - $286,000 $50,000 - $350,000 -18%
Vape Shop $24,000 - $111,000 $25,000 - $150,000 -23%
Vending Machine Business $8,000 - $72,000 $5,000 - $50,000 +45%
Veterinary Clinic $217,000 - $1,230,000 $300,000 - $2,000,000 -37%
Videography Business $13,000 - $61,000 $10,000 - $60,000 +6%
Virtual Assistant Business $2,000 - $13,000 $500 - $3,000 +329%
Waste Management Business $35,000 - $416,000 $30,000 - $500,000 -15%
Web Design Business $4,000 - $28,000 $3,000 - $25,000 +14%
Wedding Planning Business $7,000 - $32,000 $5,000 - $30,000 +11%
Welding Business $18,000 - $100,000 $15,000 - $100,000 +3%
Window Cleaning Business $3,000 - $21,000 $2,000 - $15,000 +41%
Winery $66,000 - $721,000 $100,000 - $1,000,000 -28%
Yoga Studio $35,000 - $137,000 $50,000 - $200,000 -31%
Advertisement

Local Market Factors in Evansville

83%

Cost of Living Index

$8-$18

Commercial Rent ($/sqft/yr)

0.82x

Labor Rate Index

7%

Sales Tax Rate

Local Permit Fees in Evansville

PermitCost Range
Business License $25 - $125
Food Service Permit $100 - $300
Liquor License $500 - $2,000
General Contractor License $75 - $200
Home Occupation Permit $0 - $50

About Starting a Business in Evansville

Evansville sits on the Ohio River in southwestern Indiana, serving as a regional hub for manufacturing, healthcare, and logistics. Rock-bottom rents and one of the lowest costs of living in the country make it an extremely affordable place to launch a small business.

Advertisement

Start Your Business in Evansville

Register your LLC in Indiana online.

Form Your LLC
Start Your LLC — $0 + State Fee