Spa Startup Cost Comparison

Pueblo, CO vs Chicago, IL

Pueblo, CO

$72,000 - $271,000

COL Index: 90.8

VS

Chicago, IL

$99,000 - $376,000

COL Index: 107.8

Detailed Cost Comparison

Expense Pueblo, CO Chicago, IL Difference
Business Registration & Licenses
$800 - $3,400 $5,600 - $10,900 -75%
Commercial Lease (First + Last + Security)
$5,100 - $25,400 $17,600 - $88,000 -71%
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
$21,300 - $76,500 $28,800 - $103,500 -26%
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)
$13,600 - $45,400 $16,200 - $53,900 -16%
Total Estimated Cost $72,000 - $271,000 $99,000 - $376,000 -28%

Local Market Factors

Factor Pueblo Chicago
Cost of Living Index 90.8 107.8
Commercial Rent ($/sqft/yr) $8 - $18 $25 - $65
Labor Rate Index 0.85 1.15
Sales Tax 9.44% 10.25%
Minimum Wage $14.42/hr $15.80/hr
LLC Filing Fee $50 $150

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