Tattoo Shop Startup Cost Comparison

Des Moines, IA vs Chicago, IL

Des Moines, IA

$20,000 - $97,000

COL Index: 90.2

VS

Chicago, IL

$34,000 - $167,000

COL Index: 107.8

Detailed Cost Comparison

Expense Des Moines, IA Chicago, IL Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$9,900 - $49,600 $23,500 - $117,400 -58%
Initial Supplies & Inventory
$4,500 - $22,500 $4,500 - $22,500 Same
Business Insurance (Annual)
$500 - $3,000 $500 - $3,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$4,100 - $13,500 $4,900 - $16,200 -17%
Total Estimated Cost $20,000 - $97,000 $34,000 - $167,000 -42%

Local Market Factors

Factor Des Moines Chicago
Cost of Living Index 90.2 107.8
Commercial Rent ($/sqft/yr) $12 - $26 $25 - $65
Labor Rate Index 0.9 1.15
Sales Tax 7% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $50 $150

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