Barbershop Startup Cost Comparison
Memphis, TN vs Los Angeles, CA
Memphis, TN
$36,000 - $133,000
COL Index: 87.6
VS
Los Angeles, CA
$57,000 - $217,000
COL Index: 166.5
Detailed Cost Comparison
| Expense | Memphis, TN | Los Angeles, CA | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,300 - $4,400 | $4,000 - $14,400 | -69% |
|
Commercial Lease (First + Last + Security)
|
$3,900 - $19,600 | $11,300 - $56,300 | -65% |
|
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
|
$8,500 - $29,800 | $13,500 - $47,300 | -37% |
|
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)
|
$7,000 - $21,900 | $13,300 - $41,600 | -47% |
| Total Estimated Cost | $36,000 - $133,000 | $57,000 - $217,000 | -38% |
Local Market Factors
| Factor | Memphis | Los Angeles |
|---|---|---|
| Cost of Living Index | 87.6 | 166.5 |
| Commercial Rent ($/sqft/yr) | $12 - $28 | $30 - $85 |
| Labor Rate Index | 0.85 | 1.35 |
| Sales Tax | 9.75% | 9.5% |
| Minimum Wage | $7.25/hr | $16.78/hr |
| LLC Filing Fee | $300 | $70 |
View Full Details
Ready to Start Your Barbershop?
Start your Barbershop LLC in — free registered agent for 1 year.
Form Your LLC for $0 + State Fee →Trusted by 500,000+ businesses · Excellent rating on Trustpilot