Hair Salon Startup Cost Comparison

Goodyear, AZ vs Miami, FL

Goodyear, AZ

$53,000 - $192,000

COL Index: 100.8

VS

Miami, FL

$65,000 - $245,000

COL Index: 128.3

Detailed Cost Comparison

Expense Goodyear, AZ Miami, FL Difference
Business Registration & Licenses
$1,300 - $5,000 $2,600 - $9,500 -48%
Commercial Lease (First + Last + Security)
$5,100 - $25,400 $11,700 - $58,700 -57%
Salon Equipment & Stations
$15,000 - $60,000 $15,000 - $60,000 Same
Initial Product Inventory
$3,000 - $10,000 $3,000 - $10,000 Same
Interior Build-Out & Design
$14,300 - $47,500 $16,200 - $54,000 -12%
Business Insurance (Annual)
$2,000 - $6,000 $2,000 - $6,000 Same
Marketing & Launch
$2,000 - $8,000 $2,000 - $8,000 Same
Working Capital (3 Months)
$10,100 - $30,200 $12,800 - $38,500 -21%
Total Estimated Cost $53,000 - $192,000 $65,000 - $245,000 -21%

Local Market Factors

Factor Goodyear Miami
Cost of Living Index 100.8 128.3
Commercial Rent ($/sqft/yr) $13 - $26 $25 - $65
Labor Rate Index 0.95 1.08
Sales Tax 8.8% 7%
Minimum Wage $14.35/hr $13.00/hr
LLC Filing Fee $50 $125

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