Barbershop Startup Cost Comparison

Tallahassee, FL vs Miami, FL

Tallahassee, FL

$36,000 - $136,000

COL Index: 93.8

VS

Miami, FL

$48,000 - $180,000

COL Index: 128.3

Detailed Cost Comparison

Expense Tallahassee, FL Miami, FL Difference
Business Registration & Licenses
$1,400 - $6,100 $2,600 - $9,500 -38%
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 $10,800 - $37,800 -17%
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 $10,300 - $32,100 -27%
Total Estimated Cost $36,000 - $136,000 $48,000 - $180,000 -25%

Local Market Factors

Factor Tallahassee Miami
Cost of Living Index 93.8 128.3
Commercial Rent ($/sqft/yr) $12 - $24 $25 - $65
Labor Rate Index 0.9 1.08
Sales Tax 7.5% 7%
Minimum Wage $13.00/hr $13.00/hr
LLC Filing Fee $125 $125

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