Startup Costs in Massachusetts
Massachusetts offers access to a highly educated workforce, world-class universities, and a strong innovation economy centered around Boston and Cambridge. The trade-off is high costs across the board - the $500 LLC filing and $500 annual report fee are among the highest in the nation. The state's new 4% surtax on income over $1 million adds to the tax burden for successful businesses.
Massachusetts (MA) by the Numbers
$500
$500
9.00%
6.25%
$15.00/hr
1.25x
1.20x
1.35x
What Massachusetts' Numbers Mean for Founders
- State income tax tops out at 9.00%, one of the higher rates in the country.
- Labor costs run 20% above the national average, so factor higher payroll into your first-year budget.
- Commercial rent sits 35% above the national average, especially in Boston and the larger metros.
- Minimum wage is $15.00/hour - on the high end nationally, which lifts your entry-level labor costs.
Massachusetts Cost Guides (10)
Bakery
Starting a bakery in Massachusetts costs $19,000-$314,500. Full Massachusetts cost breakdown with ci
Cleaning Business
Massachusetts cleaning business startup costs: $1,900-$19,000. Complete guide to Massachusetts licen
Coffee Shop
How much does it cost to start a coffee shop in Massachusetts? Expect $31,500-$377,500. Massachusett
Dog Grooming Business
Massachusetts dog grooming business startup costs: $6,500-$126,000. Complete guide to Massachusetts
Food Truck
How much does it cost to start a food truck in Massachusetts? Expect $35,000-$143,500. Massachusetts
Gym
Massachusetts gym startup costs: $63,000-$629,000. Complete guide to Massachusetts licensing, hidden
Landscaping Business
How much does it cost to start a landscaping business in Massachusetts? Expect $6,500-$63,000. Massa
Personal Training Studio
How much does it cost to start a personal training studio in Massachusetts? Expect $25,000-$126,000.
Pressure Washing Business
How much does it cost to start a pressure washing business in Massachusetts? Expect $3,800-$25,000.
Restaurant
Massachusetts restaurant startup costs: $220,000-$943,000. Complete guide to Massachusetts licensing