Tanning Salon Startup Cost Comparison

Hialeah, FL vs Chicago, IL

Hialeah, FL

$36,000 - $172,000

COL Index: 102.8

VS

Chicago, IL

$56,000 - $273,000

COL Index: 107.8

Detailed Cost Comparison

Expense Hialeah, FL Chicago, IL Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$19,100 - $95,700 $39,100 - $195,700 -51%
Initial Supplies & Inventory
$7,500 - $37,500 $7,500 - $37,500 Same
Business Insurance (Annual)
$500 - $5,000 $500 - $5,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$7,700 - $25,700 $8,100 - $27,000 -5%
Total Estimated Cost $36,000 - $172,000 $56,000 - $273,000 -37%

Local Market Factors

Factor Hialeah Chicago
Cost of Living Index 102.8 107.8
Commercial Rent ($/sqft/yr) $14 - $30 $25 - $65
Labor Rate Index 0.96 1.15
Sales Tax 7% 10.25%
Minimum Wage $13.00/hr $15.80/hr
LLC Filing Fee $125 $150

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