What are the biggest startup expenses for a salon / barbershop?

The largest one-time costs are typically equipment and renovations. Monthly, the biggest expenses are usually rent and supplies or inventory. In Minneapolis, these costs are adjusted upward based on the local cost of living.

Is Minneapolis an expensive city to start a salon / barbershop?

Minneapolis, MN has a cost of living index of 104.0 (national average = 100). This is close to the national average, meaning startup costs are in line with typical U.S. cities.

How much should I budget monthly to run a salon / barbershop in Minneapolis?

Typical monthly operating costs for a salon / barbershop in Minneapolis range from $2,132 to $9,776, with a mid-range estimate of $4,888 per month. This covers rent, utilities, insurance, and supplies.

What licenses and permits do I need to open a salon / barbershop in MN?

Licensing requirements vary, but you'll typically need a general business license, an EIN, and state-specific permits. In MN, check with your local city clerk and the MN Secretary of State for exact requirements. Budget $1,560 for licensing and permits.

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

Estimated startup costs adjusted for Minneapolis's cost of living (104.0% of national average).

First-Year Total (Mid)

$99,736

Range: $39,624 – $204,672

One-Time Costs (Mid)

$41,080

Range: $14,040 – $87,360

Monthly Costs (Mid)

$4,888/mo

Range: $2,132 – $9,776

One-Time Startup Costs

Upfront investment needed to open

Expense	Low	Mid	High
Equipment	$5,200	$15,600	$31,200
Furniture	$2,080	$5,200	$10,400
Initial Product Inventory	$1,040	$3,120	$6,240
Licenses	$520	$1,560	$3,120
Renovations	$5,200	$15,600	$36,400
Total One-Time	$14,040	$41,080	$87,360

Monthly Operating Costs

Recurring expenses each month

Expense	Low	Mid	High
Insurance	$156	$312	$624
Product Supplies	$520	$1,560	$3,120
Rent	$1,248	$2,600	$5,200
Utilities	$208	$416	$832
Total Monthly	$2,132	$4,888	$9,776

First-Year Budget Summary

Category	Low	Mid	High
One-Time Startup Costs	$14,040	$41,080	$87,360
Monthly Costs x 12	$25,584	$58,656	$117,312
Total First Year	$39,624	$99,736	$204,672

All estimates are adjusted for Minneapolis's cost of living index (104.0). National average = 100. A higher index means higher costs.

About Minneapolis, MN Business Costs

Minneapolis, MN has a cost of living index of 104.0 (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 (1.04x). Actual costs will vary based on your specific location within Minneapolis, the size of your operation, and current market conditions.

Salon / Barbershop Startup Costs in Other Cities

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Need a More Detailed Estimate?

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

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