Beauty Supply Store Startup Cost Comparison

Bloomington, IN vs Los Angeles, CA

Bloomington, IN

$20,000 - $100,000

COL Index: 93.5

VS

Los Angeles, CA

$43,000 - $209,000

COL Index: 166.5

Detailed Cost Comparison

Expense Bloomington, IN Los Angeles, CA Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$10,400 - $52,200 $30,000 - $150,000 -65%
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 $7,500 - $25,000 -44%
Total Estimated Cost $20,000 - $100,000 $43,000 - $209,000 -52%

Local Market Factors

Factor Bloomington Los Angeles
Cost of Living Index 93.5 166.5
Commercial Rent ($/sqft/yr) $12 - $28 $30 - $85
Labor Rate Index 0.87 1.35
Sales Tax 7% 9.5%
Minimum Wage $7.25/hr $16.78/hr
LLC Filing Fee $95 $70

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