How Much Does It Cost to Open a Salon / Barbershop in Baltimore, MD? (2026)

Estimated startup costs adjusted for Baltimore's cost of living (108.0% of national average).

First-Year Total (Mid)

$103,572

Range: $41,148 – $212,544

One-Time Costs (Mid)

$42,660

Range: $14,580 – $90,720

Monthly Costs (Mid)

$5,076/mo

Range: $2,214 – $10,152

One-Time Startup Costs

Upfront investment needed to open

Expense Low Mid High
Equipment $5,400 $16,200 $32,400
Furniture $2,160 $5,400 $10,800
Initial Product Inventory $1,080 $3,240 $6,480
Licenses $540 $1,620 $3,240
Renovations $5,400 $16,200 $37,800
Total One-Time $14,580 $42,660 $90,720

Monthly Operating Costs

Recurring expenses each month

Expense Low Mid High
Insurance $162 $324 $648
Product Supplies $540 $1,620 $3,240
Rent $1,296 $2,700 $5,400
Utilities $216 $432 $864
Total Monthly $2,214 $5,076 $10,152

First-Year Budget Summary

Category Low Mid High
One-Time Startup Costs $14,580 $42,660 $90,720
Monthly Costs x 12 $26,568 $60,912 $121,824
Total First Year $41,148 $103,572 $212,544

All estimates are adjusted for Baltimore's cost of living index (108.0). National average = 100. A higher index means higher costs.

About Baltimore, MD Business Costs

Baltimore, MD has a cost of living index of 108.0 (where 100 is the national average). This is close to the national average, making it a fairly typical market for startup costs. Your costs should align closely with national benchmarks.

The estimates above use national average startup costs for a salon / barbershop, adjusted by the local cost of living factor (1.08x). Actual costs will vary based on your specific location within Baltimore, the size of your operation, and current market conditions.

Need a More Detailed Estimate?

Use our interactive startup cost calculator to customize expenses for your specific situation.

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