Spa Startup Cost Comparison

North Las Vegas, NV vs Chicago, IL

North Las Vegas, NV

$78,000 - $299,000

COL Index: 100.2

VS

Chicago, IL

$99,000 - $376,000

COL Index: 107.8

Detailed Cost Comparison

Expense North Las Vegas, NV Chicago, IL Difference
Business Registration & Licenses
$1,600 - $6,700 $5,600 - $10,900 -50%
Commercial Lease (First + Last + Security)
$7,800 - $39,100 $17,600 - $88,000 -56%
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
$23,000 - $82,800 $28,800 - $103,500 -20%
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)
$15,000 - $50,100 $16,200 - $53,900 -7%
Total Estimated Cost $78,000 - $299,000 $99,000 - $376,000 -21%

Local Market Factors

Factor North Las Vegas Chicago
Cost of Living Index 100.2 107.8
Commercial Rent ($/sqft/yr) $12 - $28 $25 - $65
Labor Rate Index 0.92 1.15
Sales Tax 8.375% 10.25%
Minimum Wage $12.00/hr $15.80/hr
LLC Filing Fee $425 $150

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