Beauty Supply Store Startup Cost Comparison

Peoria, AZ vs Los Angeles, CA

Peoria, AZ

$21,000 - $104,000

COL Index: 101.2

VS

Los Angeles, CA

$43,000 - $209,000

COL Index: 166.5

Detailed Cost Comparison

Expense Peoria, AZ Los Angeles, CA Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$11,000 - $54,800 $30,000 - $150,000 -63%
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)
$4,600 - $15,200 $7,500 - $25,000 -39%
Total Estimated Cost $21,000 - $104,000 $43,000 - $209,000 -50%

Local Market Factors

Factor Peoria Los Angeles
Cost of Living Index 101.2 166.5
Commercial Rent ($/sqft/yr) $14 - $28 $30 - $85
Labor Rate Index 0.96 1.35
Sales Tax 8.1% 9.5%
Minimum Wage $14.35/hr $16.78/hr
LLC Filing Fee $50 $70

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