Spa Startup Cost Comparison
Santa Fe, NM vs Los Angeles, CA
Santa Fe, NM
$86,000 - $328,000
COL Index: 112.5
VS
Los Angeles, CA
$116,000 - $452,000
COL Index: 166.5
Detailed Cost Comparison
| Expense | Santa Fe, NM | Los Angeles, CA | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,600 - $6,600 | $4,000 - $14,400 | -55% |
|
Commercial Lease (First + Last + Security)
|
$10,600 - $52,800 | $22,500 - $112,500 | -53% |
|
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
|
$25,500 - $91,800 | $33,800 - $121,500 | -24% |
|
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)
|
$16,900 - $56,300 | $25,000 - $83,300 | -32% |
| Total Estimated Cost | $86,000 - $328,000 | $116,000 - $452,000 | -27% |
Local Market Factors
| Factor | Santa Fe | Los Angeles |
|---|---|---|
| Cost of Living Index | 112.5 | 166.5 |
| Commercial Rent ($/sqft/yr) | $16 - $38 | $30 - $85 |
| Labor Rate Index | 1.02 | 1.35 |
| Sales Tax | 8.4375% | 9.5% |
| Minimum Wage | $14.60/hr | $16.78/hr |
| LLC Filing Fee | $50 | $70 |
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