Beauty Supply Store Startup Cost Comparison

San Diego, CA vs New York, NY

San Diego, CA

$40,000 - $192,000

COL Index: 160.2

VS

New York, NY

$56,000 - $270,000

COL Index: 187.2

Detailed Cost Comparison

Expense San Diego, CA New York, NY Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$26,900 - $134,300 $41,700 - $208,700 -36%
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)
$7,200 - $24,000 $8,400 - $28,100 -15%
Total Estimated Cost $40,000 - $192,000 $56,000 - $270,000 -29%

Local Market Factors

Factor San Diego New York
Cost of Living Index 160.2 187.2
Commercial Rent ($/sqft/yr) $28 - $75 $40 - $120
Labor Rate Index 1.3 1.45
Sales Tax 7.75% 8.875%
Minimum Wage $16.85/hr $16.00/hr
LLC Filing Fee $70 $200

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