Beauty Supply Store Startup Cost Comparison

Arlington, TX vs Chicago, IL

Arlington, TX

$21,000 - $105,000

COL Index: 93.5

VS

Chicago, IL

$34,000 - $167,000

COL Index: 107.8

Detailed Cost Comparison

Expense Arlington, TX Chicago, IL Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$11,500 - $57,400 $23,500 - $117,400 -51%
Initial Supplies & Inventory
$4,500 - $22,500 $4,500 - $22,500 Same
Business Insurance (Annual)
$500 - $3,000 $500 - $3,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$4,200 - $14,000 $4,900 - $16,200 -14%
Total Estimated Cost $21,000 - $105,000 $34,000 - $167,000 -37%

Local Market Factors

Factor Arlington Chicago
Cost of Living Index 93.5 107.8
Commercial Rent ($/sqft/yr) $14 - $30 $25 - $65
Labor Rate Index 0.92 1.15
Sales Tax 8.25% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $300 $150

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