Spa Startup Cost Comparison

Missoula, MT vs Chicago, IL

Missoula, MT

$81,000 - $309,000

COL Index: 108.5

VS

Chicago, IL

$99,000 - $376,000

COL Index: 107.8

Detailed Cost Comparison

Expense Missoula, MT Chicago, IL Difference
Business Registration & Licenses
$1,600 - $6,600 $5,600 - $10,900 -50%
Commercial Lease (First + Last + Security)
$8,600 - $43,000 $17,600 - $88,000 -51%
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
$23,800 - $85,500 $28,800 - $103,500 -17%
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)
$16,300 - $54,300 $16,200 - $53,900 +1%
Total Estimated Cost $81,000 - $309,000 $99,000 - $376,000 -18%

Local Market Factors

Factor Missoula Chicago
Cost of Living Index 108.5 107.8
Commercial Rent ($/sqft/yr) $14 - $30 $25 - $65
Labor Rate Index 0.95 1.15
Sales Tax 0% 10.25%
Minimum Wage $10.30/hr $15.80/hr
LLC Filing Fee $70 $150

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