Tattoo Shop Startup Cost Comparison

Rochester, MN vs Miami, FL

Rochester, MN

$22,000 - $106,000

COL Index: 101.5

VS

Miami, FL

$35,000 - $170,000

COL Index: 128.3

Detailed Cost Comparison

Expense Rochester, MN Miami, FL Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$11,500 - $57,400 $23,500 - $117,400 -51%
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)
$4,600 - $15,200 $5,800 - $19,200 -21%
Total Estimated Cost $22,000 - $106,000 $35,000 - $170,000 -38%

Local Market Factors

Factor Rochester Miami
Cost of Living Index 101.5 128.3
Commercial Rent ($/sqft/yr) $14 - $30 $25 - $65
Labor Rate Index 1 1.08
Sales Tax 7.375% 7%
Minimum Wage $10.85/hr $13.00/hr
LLC Filing Fee $155 $125

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