How Much Does It Cost to Start a Business in Racine, WI?

Population: 77,816 | Cost of living: 89.5% | Sales tax: 5.5% | Min wage: $7.25

Startup Costs by Industry in Racine

Industry Estimated Startup Cost National Average Local Difference
Accounting Firm $14,000 - $59,000 $15,000 - $60,000 -3%
Acupuncture Practice $7,000 - $42,000 $10,000 - $60,000 -30%
Affiliate Marketing Business $1,000 - $10,000 $500 - $5,000 +100%
After-School Program $16,000 - $95,000 $20,000 - $100,000 -8%
AI Consulting Business $6,000 - $46,000 $2,000 - $50,000 Avg
Airbnb Rental Business $9,000 - $48,000 $10,000 - $50,000 -5%
Amazon FBA Business $6,000 - $62,000 $5,000 - $50,000 +24%
App Development $15,000 - $95,000 $15,000 - $100,000 -4%
Aquaponics Farm $16,000 - $125,000 $20,000 - $150,000 -17%
Arcade & Gaming Center $78,000 - $460,000 $100,000 - $500,000 -10%
ATM Business $4,000 - $53,000 $3,000 - $30,000 +73%
Auto Detailing $8,000 - $59,000 $5,000 - $75,000 -16%
Auto Repair Shop $49,000 - $253,000 $50,000 - $300,000 -14%
Axe Throwing Venue $35,000 - $177,000 $50,000 - $200,000 -15%
Bakery $47,000 - $203,000 $60,000 - $250,000 -19%
Bar $74,000 - $300,000 $100,000 - $400,000 -25%
Barbershop $34,000 - $127,000 $50,000 - $150,000 -20%
Beauty Supply Store $18,000 - $87,000 $30,000 - $150,000 -42%
Bed & Breakfast $83,000 - $412,000 $100,000 - $500,000 -18%
Beekeeping Business $11,000 - $52,000 $10,000 - $50,000 +5%
Bike Shop $18,000 - $114,000 $30,000 - $200,000 -43%
Auto Body Shop $29,000 - $167,000 $50,000 - $300,000 -44%
Bookkeeping Service $3,000 - $17,000 $2,000 - $10,000 +67%
Bookstore $37,000 - $151,000 $40,000 - $200,000 -22%
Boutique $39,000 - $193,000 $50,000 - $250,000 -23%
Bowling Alley $363,000 - $2,247,000 $500,000 - $3,000,000 -25%
Brewery $176,000 - $990,000 $250,000 - $1,500,000 -33%
Campground $83,000 - $778,000 $100,000 - $1,000,000 -22%
Candy Shop $18,000 - $91,000 $20,000 - $100,000 -9%
Car Rental Business $50,000 - $472,000 $50,000 - $500,000 -5%
Car Wash $68,000 - $434,000 $75,000 - $500,000 -13%
Carpentry Business $18,000 - $89,000 $15,000 - $75,000 +19%
Carpet Cleaning Business $4,000 - $26,000 $5,000 - $30,000 -14%
Catering Business $22,000 - $117,000 $20,000 - $125,000 -4%
Chiropractic $75,000 - $271,000 $100,000 - $350,000 -23%
Christmas Tree Farm $21,000 - $123,000 $20,000 - $100,000 +20%
Cleaning Service $6,000 - $42,000 $5,000 - $50,000 -13%
Clothing Store $15,000 - $87,000 $25,000 - $150,000 -42%
Coding Bootcamp $7,000 - $62,000 $10,000 - $100,000 -37%
Coffee Roastery $19,000 - $245,000 $20,000 - $300,000 -18%
Coffee Shop $53,000 - $208,000 $80,000 - $300,000 -31%
Computer Repair Business $4,000 - $26,000 $5,000 - $30,000 -14%
Concrete Business $28,000 - $151,000 $30,000 - $150,000 -1%
Construction Company $57,000 - $489,000 $50,000 - $500,000 -1%
Consulting Business $9,000 - $60,000 $5,000 - $50,000 +25%
Convenience Store $39,000 - $252,000 $50,000 - $350,000 -27%
Courier & Delivery Service $7,000 - $52,000 $5,000 - $50,000 +7%
Coworking Space $57,000 - $273,000 $100,000 - $500,000 -45%
Cybersecurity Firm $7,000 - $62,000 $10,000 - $100,000 -37%
Dance Studio $23,000 - $107,000 $30,000 - $150,000 -28%
Daycare $38,000 - $154,000 $50,000 - $300,000 -45%
Demolition Company $60,000 - $280,000 $50,000 - $250,000 +13%
Dental Practice $284,000 - $699,000 $350,000 - $750,000 -11%
Digital Marketing $8,000 - $49,000 $5,000 - $50,000 +4%
Distillery $73,000 - $669,000 $100,000 - $1,000,000 -33%
Dog Daycare $28,000 - $189,000 $40,000 - $350,000 -44%
Dog Grooming Business $9,000 - $48,000 $10,000 - $50,000 -5%
Dog Training Business $3,000 - $21,000 $2,000 - $20,000 +9%
Dog Walking Business $2,000 - $7,000 $500 - $5,000 +64%
Donut Shop $39,000 - $187,000 $50,000 - $250,000 -25%
Driving School $22,000 - $96,000 $25,000 - $100,000 -6%
Drone Business $4,000 - $37,000 $3,000 - $50,000 -23%
Dropshipping Business $2,000 - $15,000 $500 - $10,000 +62%
Electrical $17,000 - $91,000 $15,000 - $100,000 -6%
Embroidery & Custom Apparel $7,000 - $37,000 $10,000 - $50,000 -27%
Escape Room $38,000 - $244,000 $50,000 - $300,000 -19%
Etsy Shop $1,000 - $8,000 $500 - $5,000 +64%
Event Planning Business $7,000 - $34,000 $5,000 - $30,000 +17%
Excavation Business $85,000 - $382,000 $80,000 - $350,000 +9%
Farm $39,000 - $422,000 $50,000 - $500,000 -16%
Fast Food Franchise $111,000 - $1,606,000 $100,000 - $2,500,000 -34%
Fencing Business $7,000 - $37,000 $10,000 - $50,000 -27%
Financial Advisory Practice $7,000 - $37,000 $10,000 - $50,000 -27%
Fitness Studio $29,000 - $167,000 $50,000 - $300,000 -44%
Flooring Business $12,000 - $71,000 $10,000 - $60,000 +19%
Flower Shop $26,000 - $138,000 $30,000 - $175,000 -20%
Food Delivery Service $13,000 - $77,000 $10,000 - $75,000 +6%
Food Truck $56,000 - $210,000 $50,000 - $200,000 +6%
Franchise Business $34,000 - $881,000 $20,000 - $1,000,000 -10%
Garage Door Business $7,000 - $37,000 $10,000 - $50,000 -27%
Gas Station $140,000 - $1,066,000 $250,000 - $2,000,000 -46%
General Contractor $32,000 - $192,000 $30,000 - $200,000 -3%
Ghost Kitchen $18,000 - $91,000 $20,000 - $100,000 -9%
Gift Shop $26,000 - $123,000 $30,000 - $150,000 -17%
Glamping Business $12,000 - $114,000 $20,000 - $200,000 -43%
Graphic Design Business $5,000 - $24,000 $3,000 - $20,000 +26%
Greenhouse Business $22,000 - $177,000 $30,000 - $200,000 -13%
Grocery Store $86,000 - $1,103,000 $80,000 - $2,000,000 -43%
Gym $73,000 - $357,000 $50,000 - $500,000 -22%
Hair Salon $48,000 - $175,000 $60,000 - $200,000 -14%
Handyman $8,000 - $44,000 $5,000 - $40,000 +16%
Home Health Care Agency $43,000 - $298,000 $40,000 - $350,000 -13%
Home Inspection Business $6,000 - $33,000 $5,000 - $25,000 +30%
Hostel $29,000 - $167,000 $50,000 - $300,000 -44%
Hotel $434,000 - $3,921,000 $500,000 - $5,000,000 -21%
HVAC $25,000 - $129,000 $20,000 - $150,000 -9%
Ice Cream Shop $45,000 - $235,000 $50,000 - $300,000 -20%
Insurance Agency $17,000 - $73,000 $20,000 - $80,000 -10%
Interior Design Business $4,000 - $26,000 $5,000 - $30,000 -14%
IT Services $15,000 - $92,000 $15,000 - $100,000 -7%
Jewelry Store $29,000 - $140,000 $50,000 - $250,000 -44%
Juice Bar $33,000 - $156,000 $40,000 - $200,000 -21%
Junk Removal Business $4,000 - $37,000 $5,000 - $50,000 -25%
Landscaping $13,000 - $76,000 $10,000 - $80,000 -1%
Language School $7,000 - $49,000 $10,000 - $75,000 -34%
Laundromat $128,000 - $687,000 $200,000 - $1,000,000 -32%
Lavender Farm $12,000 - $62,000 $20,000 - $100,000 -38%
Law Firm $35,000 - $162,000 $50,000 - $200,000 -21%
Liquor Store $73,000 - $284,000 $100,000 - $400,000 -29%
Locksmith Business $4,000 - $26,000 $5,000 - $30,000 -14%
Managed IT Services $7,000 - $49,000 $10,000 - $75,000 -34%
Manufacturing Business $54,000 - $920,000 $50,000 - $1,000,000 -7%
Marketing Agency $14,000 - $81,000 $10,000 - $75,000 +12%
Martial Arts Studio $23,000 - $110,000 $30,000 - $150,000 -26%
Masonry Business $18,000 - $93,000 $15,000 - $80,000 +17%
Massage Therapy Practice $4,000 - $37,000 $5,000 - $50,000 -25%
Meal Prep Business $14,000 - $71,000 $15,000 - $100,000 -26%
Med Spa $183,000 - $522,000 $250,000 - $600,000 -17%
Medical Practice $82,000 - $459,000 $70,000 - $500,000 -5%
Microgreens Farm $3,000 - $21,000 $2,000 - $15,000 +41%
Mini Golf Course $68,000 - $378,000 $100,000 - $500,000 -26%
Mobile Mechanic $7,000 - $50,000 $5,000 - $50,000 +4%
Moving Company $25,000 - $129,000 $20,000 - $150,000 -9%
Mushroom Farm $9,000 - $63,000 $10,000 - $80,000 -20%
Music School $22,000 - $104,000 $25,000 - $120,000 -13%
Nail Salon $30,000 - $119,000 $40,000 - $150,000 -22%
Notary Business $2,000 - $14,000 $1,000 - $5,000 +167%
Plant Nursery $23,000 - $135,000 $25,000 - $150,000 -10%
Oil Change Shop $37,000 - $199,000 $40,000 - $250,000 -19%
Online Coaching Business $2,000 - $21,000 $1,000 - $10,000 +109%
Online Store $3,000 - $42,000 $2,000 - $30,000 +41%
Painting $9,000 - $50,000 $5,000 - $50,000 +7%
Pawn Shop $29,000 - $114,000 $50,000 - $200,000 -43%
Personal Training $11,000 - $78,000 $10,000 - $100,000 -19%
Pest Control $15,000 - $75,000 $10,000 - $75,000 +6%
Pet Boarding Facility $36,000 - $299,000 $50,000 - $500,000 -39%
Pet Sitting Business $2,000 - $6,000 $500 - $5,000 +45%
Pet Store $46,000 - $231,000 $60,000 - $300,000 -23%
Pharmacy $243,000 - $1,263,000 $250,000 - $1,700,000 -23%
Phone Repair Shop $7,000 - $37,000 $10,000 - $50,000 -27%
Photography Business $11,000 - $65,000 $10,000 - $50,000 +27%
Physical Therapy Clinic $29,000 - $167,000 $50,000 - $300,000 -44%
Pilates Studio $18,000 - $87,000 $30,000 - $150,000 -42%
Pizza Shop $56,000 - $220,000 $75,000 - $300,000 -26%
Plumbing $15,000 - $88,000 $15,000 - $100,000 -10%
Podcast Studio $14,000 - $69,000 $15,000 - $80,000 -13%
Pool Construction Business $29,000 - $167,000 $50,000 - $300,000 -44%
Pool Cleaning & Service $4,000 - $24,000 $5,000 - $25,000 -7%
Preschool $60,000 - $231,000 $80,000 - $300,000 -23%
Pressure Washing Business $3,000 - $24,000 $3,000 - $20,000 +17%
Print-on-Demand Business $1,000 - $12,000 $500 - $8,000 +53%
Printing Business $42,000 - $209,000 $50,000 - $250,000 -16%
Property Management Company $5,000 - $29,000 $5,000 - $50,000 -38%
Real Estate Agency $23,000 - $99,000 $25,000 - $100,000 -2%
Real Estate Investment Business $21,000 - $345,000 $20,000 - $500,000 -30%
Recording Studio $36,000 - $171,000 $50,000 - $200,000 -17%
Restaurant $72,000 - $282,000 $75,000 - $250,000 +9%
Retail Store $35,000 - $188,000 $50,000 - $250,000 -26%
Roofing $25,000 - $137,000 $20,000 - $150,000 -5%
SaaS Company $23,000 - $195,000 $25,000 - $200,000 -3%
Security Company $16,000 - $103,000 $10,000 - $100,000 +8%
Self-Storage Facility $263,000 - $2,953,000 $500,000 - $5,000,000 -42%
Senior Care Facility $89,000 - $821,000 $100,000 - $1,500,000 -43%
SEO Agency $9,000 - $50,000 $5,000 - $50,000 +7%
Sign Shop $12,000 - $62,000 $20,000 - $100,000 -38%
Smoke Shop $18,000 - $87,000 $30,000 - $150,000 -42%
Solar Installation Business $29,000 - $167,000 $50,000 - $300,000 -44%
Spa $72,000 - $273,000 $100,000 - $350,000 -23%
Staffing Agency $30,000 - $133,000 $30,000 - $150,000 -9%
Subscription Box Business $6,000 - $54,000 $5,000 - $50,000 +9%
Swim School $29,000 - $167,000 $50,000 - $300,000 -44%
Tanning Salon $29,000 - $140,000 $50,000 - $250,000 -44%
Tattoo Shop $18,000 - $87,000 $30,000 - $150,000 -42%
Tax Preparation Business $8,000 - $41,000 $8,000 - $40,000 +2%
Tech Startup $19,000 - $142,000 $20,000 - $150,000 -5%
Thrift Store $16,000 - $86,000 $20,000 - $120,000 -27%
Tire Shop $47,000 - $224,000 $50,000 - $250,000 -10%
Tour Company $12,000 - $82,000 $10,000 - $80,000 +4%
Towing Company $49,000 - $257,000 $50,000 - $300,000 -13%
Trampoline Park $308,000 - $1,411,000 $500,000 - $2,000,000 -31%
Travel Agency $6,000 - $35,000 $5,000 - $30,000 +17%
Tree Service $10,000 - $62,000 $15,000 - $100,000 -37%
Trucking Company $21,000 - $287,000 $15,000 - $400,000 -26%
Tutoring Business $3,000 - $17,000 $2,000 - $15,000 +18%
Used Car Dealer $42,000 - $294,000 $50,000 - $350,000 -16%
Vape Shop $24,000 - $115,000 $25,000 - $150,000 -21%
Vending Machine Business $8,000 - $72,000 $5,000 - $50,000 +45%
Veterinary Clinic $231,000 - $1,331,000 $300,000 - $2,000,000 -32%
Videography Business $13,000 - $62,000 $10,000 - $60,000 +7%
Virtual Assistant Business $2,000 - $13,000 $500 - $3,000 +329%
Waste Management Business $35,000 - $420,000 $30,000 - $500,000 -14%
Web Design Business $4,000 - $28,000 $3,000 - $25,000 +14%
Wedding Planning Business $7,000 - $33,000 $5,000 - $30,000 +14%
Welding Business $18,000 - $103,000 $15,000 - $100,000 +5%
Window Cleaning Business $3,000 - $21,000 $2,000 - $15,000 +41%
Winery $68,000 - $765,000 $100,000 - $1,000,000 -24%
Yoga Studio $37,000 - $143,000 $50,000 - $200,000 -28%
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Local Market Factors in Racine

89.5%

Cost of Living Index

$9-$22

Commercial Rent ($/sqft/yr)

0.83x

Labor Rate Index

5.5%

Sales Tax Rate

Local Permit Fees in Racine

PermitCost Range
Business License $25 - $150
Food Service Permit $125 - $350
Liquor License $500 - $2,000
General Contractor License $50 - $200
Home Occupation Permit $0 - $50

About Starting a Business in Racine

Racine's lakefront location between Milwaukee and Chicago offers entrepreneurs access to two major metro areas at a fraction of the cost. The city's Danish heritage and SC Johnson headquarters lend it a unique cultural identity, while its affordable commercial rents make it one of the cheapest places to open a storefront in southeastern Wisconsin.

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