Barbershop Startup Cost Comparison
Casper, WY vs Los Angeles, CA
Casper, WY
$34,000 - $125,000
COL Index: 93.5
VS
Los Angeles, CA
$57,000 - $217,000
COL Index: 166.5
Detailed Cost Comparison
| Expense | Casper, WY | Los Angeles, CA | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$900 - $3,600 | $4,000 - $14,400 | -76% |
|
Commercial Lease (First + Last + Security)
|
$2,500 - $12,700 | $11,300 - $56,300 | -78% |
|
Barber Chairs & Stations
|
$10,000 - $40,000 | $10,000 - $40,000 | Same |
|
Initial Product Inventory
|
$1,500 - $5,000 | $1,500 - $5,000 | Same |
|
Interior Build-Out & Design
|
$8,200 - $28,700 | $13,500 - $47,300 | -39% |
|
Business Insurance (Annual)
|
$1,500 - $5,000 | $1,500 - $5,000 | Same |
|
Marketing & Launch
|
$2,000 - $7,000 | $2,000 - $7,000 | Same |
|
Working Capital (3 Months)
|
$7,500 - $23,400 | $13,300 - $41,600 | -44% |
| Total Estimated Cost | $34,000 - $125,000 | $57,000 - $217,000 | -42% |
Local Market Factors
| Factor | Casper | Los Angeles |
|---|---|---|
| Cost of Living Index | 93.5 | 166.5 |
| Commercial Rent ($/sqft/yr) | $8 - $18 | $30 - $85 |
| Labor Rate Index | 0.82 | 1.35 |
| Sales Tax | 6% | 9.5% |
| Minimum Wage | $7.25/hr | $16.78/hr |
| LLC Filing Fee | $100 | $70 |
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