Barbershop Startup Cost Comparison

Goodyear, AZ vs Miami, FL

Goodyear, AZ

$38,000 - $140,000

COL Index: 100.8

VS

Miami, FL

$48,000 - $180,000

COL Index: 128.3

Detailed Cost Comparison

Expense Goodyear, AZ Miami, FL Difference
Business Registration & Licenses
$1,300 - $5,000 $2,600 - $9,500 -48%
Commercial Lease (First + Last + Security)
$3,800 - $19,100 $8,800 - $44,000 -57%
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
$9,500 - $33,300 $10,800 - $37,800 -12%
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)
$8,100 - $25,200 $10,300 - $32,100 -21%
Total Estimated Cost $38,000 - $140,000 $48,000 - $180,000 -22%

Local Market Factors

Factor Goodyear Miami
Cost of Living Index 100.8 128.3
Commercial Rent ($/sqft/yr) $13 - $26 $25 - $65
Labor Rate Index 0.95 1.08
Sales Tax 8.8% 7%
Minimum Wage $14.35/hr $13.00/hr
LLC Filing Fee $50 $125

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