Barbershop Startup Cost Comparison

Tallahassee, FL vs Chicago, IL

Tallahassee, FL

$36,000 - $136,000

COL Index: 93.8

VS

Chicago, IL

$50,000 - $179,000

COL Index: 107.8

Detailed Cost Comparison

Expense Tallahassee, FL Chicago, IL Difference
Business Registration & Licenses
$1,400 - $6,100 $5,600 - $10,900 -55%
Commercial Lease (First + Last + Security)
$3,500 - $17,600 $8,800 - $44,000 -60%
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
$9,000 - $31,500 $11,500 - $40,300 -22%
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 - $23,500 $8,600 - $27,000 -13%
Total Estimated Cost $36,000 - $136,000 $50,000 - $179,000 -25%

Local Market Factors

Factor Tallahassee Chicago
Cost of Living Index 93.8 107.8
Commercial Rent ($/sqft/yr) $12 - $24 $25 - $65
Labor Rate Index 0.9 1.15
Sales Tax 7.5% 10.25%
Minimum Wage $13.00/hr $15.80/hr
LLC Filing Fee $125 $150

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