Nail Salon Startup Cost Comparison

Irving, TX vs New York, NY

Irving, TX

$35,000 - $137,000

COL Index: 98.2

VS

New York, NY

$57,000 - $229,000

COL Index: 187.2

Detailed Cost Comparison

Expense Irving, TX New York, NY Difference
Business Registration & Cosmetology License
$1,900 - $6,100 $5,300 - $17,100 -64%
Commercial Lease (First + Last + Security)
$3,900 - $19,600 $12,500 - $62,600 -69%
Nail Stations & Equipment
$8,000 - $35,000 $8,000 - $35,000 Same
Initial Products & Supplies
$2,000 - $6,000 $2,000 - $6,000 Same
Interior Build-Out & Renovation
$7,800 - $34,300 $11,600 - $50,800 -33%
Business Insurance (Annual)
$1,500 - $5,000 $1,500 - $5,000 Same
Marketing & Grand Opening
$1,500 - $6,000 $1,500 - $6,000 Same
Working Capital (3 Months)
$7,900 - $24,600 $15,000 - $46,800 -47%
Total Estimated Cost $35,000 - $137,000 $57,000 - $229,000 -40%

Local Market Factors

Factor Irving New York
Cost of Living Index 98.2 187.2
Commercial Rent ($/sqft/yr) $16 - $34 $40 - $120
Labor Rate Index 0.98 1.45
Sales Tax 8.25% 8.875%
Minimum Wage $7.25/hr $16.00/hr
LLC Filing Fee $300 $200

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