Startup Costs in Maryland
Maryland benefits from proximity to Washington, DC, creating a high-income consumer base and federal contracting opportunities. The state has above-average costs but also above-average household incomes, which supports premium pricing for service businesses. Baltimore offers more affordable commercial space than the DC suburbs, with a growing small business scene.
Maryland (MD) by the Numbers
$100
$300
6.50%
6.00%
$15.00/hr
1.12x
1.10x
1.12x
What Maryland's Numbers Mean for Founders
- State income tax caps at 6.50%.
- Labor costs run 10% above the national average, so factor higher payroll into your first-year budget.
- Minimum wage is $15.00/hour - on the high end nationally, which lifts your entry-level labor costs.
Maryland Cost Guides (10)
Bakery
Maryland bakery startup costs: $16,500-$278,500. Complete guide to Maryland licensing, hidden costs,
Cleaning Business
Starting a cleaning business in Maryland costs $1,700-$16,500. Full Maryland cost breakdown with cit
Coffee Shop
Starting a coffee shop in Maryland costs $28,000-$334,000. Full Maryland cost breakdown with city co
Dog Grooming Business
Starting a dog grooming business in Maryland costs $5,500-$111,500. Full Maryland cost breakdown wit
Food Truck
Starting a food truck in Maryland costs $31,000-$127,000. Full Maryland cost breakdown with city com
Gym
How much does it cost to start a gym in Maryland? Expect $55,500-$556,500. Maryland-specific costs,
Landscaping Business
How much does it cost to start a landscaping business in Maryland? Expect $5,500-$55,500. Maryland-s
Personal Training Studio
How much does it cost to start a personal training studio in Maryland? Expect $22,500-$111,500. Mary
Pressure Washing Business
Starting a pressure washing business in Maryland costs $3,300-$22,500. Full Maryland cost breakdown
Restaurant
Maryland restaurant startup costs: $195,000-$835,000. Complete guide to Maryland licensing, hidden c