Spa Startup Cost Comparison

Casper, WY vs Los Angeles, CA

Casper, WY

$72,000 - $270,000

COL Index: 93.5

VS

Los Angeles, CA

$116,000 - $452,000

COL Index: 166.5

Detailed Cost Comparison

Expense Casper, WY Los Angeles, CA Difference
Business Registration & Licenses
$900 - $3,600 $4,000 - $14,400 -76%
Commercial Lease (First + Last + Security)
$5,100 - $25,400 $22,500 - $112,500 -77%
Spa Equipment & Furnishings
$20,000 - $80,000 $20,000 - $80,000 Same
Initial Product & Supplies Inventory
$5,000 - $20,000 $5,000 - $20,000 Same
Interior Build-Out & Ambiance Design
$20,500 - $73,800 $33,800 - $121,500 -39%
Business Insurance (Annual)
$3,000 - $8,000 $3,000 - $8,000 Same
Marketing & Launch
$3,000 - $12,000 $3,000 - $12,000 Same
Working Capital (3 Months)
$14,000 - $46,800 $25,000 - $83,300 -44%
Total Estimated Cost $72,000 - $270,000 $116,000 - $452,000 -40%

Local Market Factors

Factor Casper Los Angeles
Cost of Living Index 93.5 166.5
Commercial Rent ($/sqft/yr) $8 - $18 $30 - $85
Labor Rate Index 0.82 1.35
Sales Tax 6% 9.5%
Minimum Wage $7.25/hr $16.78/hr
LLC Filing Fee $100 $70

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