How Much Does It Cost to Start a Hair Salon / Barbershop in Wyoming?

Wyoming has a cost index of 0.82x the national average for hair salon / barbershop businesses. Here is a complete line-by-line cost breakdown based on local data.

Budget Setup
$20,500
Mid-Range
$82,000
Premium Setup
$246,000
Wyoming is the most tax-friendly state in America, ranking #1 on the Tax Foundation's 2026 State Tax Competitiveness Index. The state has no corporate income tax, no personal income tax, and no gross receipts tax.
Register your business: Wyoming Secretary of State ((307) 777-7311)
Tip: Take advantage of Wyoming's unmatched tax benefits: no corporate income tax, no personal income tax, no franchise tax, and no gross receipts tax

Line-Item Cost Breakdown

Category Low Mid High Notes
LLC filing $246 $820 $1,640 LLC filing fee in Wyoming: $100. LLC fee varies by state ($35-$500). EIN is free.
Cosmetology/barber license $410 $2,050 $4,100 Cosmetology license $50-$300 per stylist. Salon establishment license $100-$500. Health inspection $50-$300. Each stylist must have individual state license.
Styling chairs $4,100 $16,400 $49,200 Hydraulic chairs $500-$3,000 each. Wash stations $500-$2,000 each. Mirrors $200-$800 each. Professional clipper sets $150-$400. Scissors $200-$800 per set. For a 4-chair salon: chairs alone $2,000-$12,000.
Plumbing for wash stations $4,100 $24,600 $82,000 Specialized plumbing for wash stations $5,000-$15,000. Electrical for dryers and equipment $2,000-$5,000. Flooring $3,000-$8,000. Full buildout $30-$100/sqft.
Hair care products $1,230 $3,690 $9,840 Professional product lines for backbar $800-$2,000. Retail inventory $500-$5,000. Coloring supplies $500-$2,000. Consumables (capes, towels, sanitizer) $500-$1,500.
Reception desk $1,640 $4,920 $12,300 Reception desk $500-$2,000. Waiting chairs $200-$800. Display shelving $300-$1,500.
General liability $1,230 $2,870 $5,740 Annual cost. General liability $400-$1,200/yr. Professional liability (for chemical treatments, allergic reactions) $300-$800/yr. Workers comp varies by state.
Exterior signage $1,230 $3,280 $8,200 Exterior sign $1,000-$5,000. Website with booking $500-$2,000. Grand opening marketing $500-$2,000.
POS system $410 $1,230 $3,280 Salon booking software (Square Appointments, Vagaro) $0-$150/mo. POS hardware $300-$1,200.
3 months operating expenses $6,560 $20,500 $49,200 Monthly operating: rent $1,500-$5,000, staff costs $2,000-$10,000, utilities $300-$800, supplies $300-$800.
Estimated Total $20,500 $82,000 $246,000 Adjusted for Wyoming's cost index (0.82x national avg)

LLC Registration in Wyoming

LLC Filing Fee
$100

To form an LLC in Wyoming, you file Articles of Organization (or Certificate of Formation) with the Secretary of State. The base filing fee is $100.

File online at: Wyoming Secretary of State

An EIN (Employer Identification Number) is free from the IRS and required for any LLC with employees, multiple members, or that wants a business bank account.

Permits & Licenses in Wyoming

Estimated Permit Costs
$1,000

Hair Salon / Barbershop businesses in Wyoming typically need multiple permits and licenses. Estimated total permit costs are around $1,000.

Cosmetology license $50-$300 per stylist. Salon establishment license $100-$500. Health inspection $50-$300. Each stylist must have individual state license.

Always check with your local city and county offices for specific requirements. Requirements vary significantly between jurisdictions within Wyoming.

Insurance Costs in Wyoming

Annual Insurance Cost
$2,700

A hair salon / barbershop in Wyoming should budget approximately $2,700/year for insurance coverage.

Annual cost. General liability $400-$1,200/yr. Professional liability (for chemical treatments, allergic reactions) $300-$800/yr. Workers comp varies by state.

Coverage TypeDetails
General LiabilityCovers third-party bodily injury and property damage claims
Workers CompensationWyoming rate: $1.05 per $100 payroll (national avg: $1.03)
Property/EquipmentCovers business property, equipment, and inventory
Total Annual Estimate$2,700

Equipment & Setup

Hydraulic chairs $500-$3,000 each. Wash stations $500-$2,000 each. Mirrors $200-$800 each. Professional clipper sets $150-$400. Scissors $200-$800 per set. For a 4-chair salon: chairs alone $2,000-$12,000.

ItemBudgetMid-RangePremium
Styling chairs $4,100 $16,400 $49,200
Plumbing for wash stations $4,100 $24,600 $82,000
Hair care products $1,230 $3,690 $9,840
Reception desk $1,640 $4,920 $12,300

Working Capital

Plan for at least 3 months of operating expenses as working capital. For a mid-range hair salon / barbershop in Wyoming, that means approximately $20,500 ($6,833/month).

Monthly operating: rent $1,500-$5,000, staff costs $2,000-$10,000, utilities $300-$800, supplies $300-$800.

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Other Business Types in Wyoming

Hair Salon / Barbershop Costs in Neighboring States

StateLLC FeePermitsInsurance/yrCost Index
Colorado $50 $1,500 $3,200 1.05x Details →
Idaho $100 $1,200 $2,700 0.85x Details →
Montana $35 $1,200 $2,900 0.88x Details →
Nebraska $100 $1,200 $2,700 0.82x Details →
South Dakota $150 $1,000 $2,500 0.78x Details →

Frequently Asked Questions

How much does it cost to start a hair salon / barbershop in Wyoming?
Based on our research, starting a hair salon / barbershop in Wyoming costs approximately $20,500 for a budget setup, $82,000 for a mid-range operation, and up to $246,000 for a premium setup. Wyoming has a cost index of 0.82x the national average.
How much is an LLC in Wyoming?
The LLC filing fee in Wyoming is $100, paid to the Secretary of State. You can file online at https://sos.wyo.gov/Business/.
Do I need a business license for a hair salon / barbershop in Wyoming?
Yes. Most hair salon / barbershop businesses in Wyoming need at minimum a general business license and possibly industry-specific permits. Permit costs in Wyoming average around $1,000 for a hair salon / barbershop.
How much is workers compensation insurance in Wyoming?
Wyoming's average workers compensation rate is $1.05 per $100 of payroll. Actual rates vary by industry classification code, claims history, and insurer. The national average is $1.03 per $100 of payroll.
What insurance do I need for a hair salon / barbershop in Wyoming?
At minimum, you need general liability insurance. Most hair salon / barbershop businesses also carry property insurance, workers compensation (required in most states once you hire employees), and industry-specific coverage. Annual insurance costs for a hair salon / barbershop in Wyoming average $2,700.