Dance Studio Startup Cost Comparison

Kenosha, WI vs Miami, FL

Kenosha, WI

$25,000 - $116,000

COL Index: 93.2

VS

Miami, FL

$36,000 - $172,000

COL Index: 128.3

Detailed Cost Comparison

Expense Kenosha, WI Miami, FL Difference
Business Registration & Licenses
$800 - $3,400 $2,600 - $9,500 -65%
Studio Lease (First + Last + Security)
$4,300 - $26,100 $9,800 - $58,700 -56%
Studio Build-Out
$7,000 - $30,800 $8,600 - $37,800 -19%
Sound System & Equipment
$2,000 - $8,000 $2,000 - $8,000 Same
Dancewear & Merchandise Inventory
$1,500 - $6,000 $1,500 - $6,000 Same
Business Insurance (Annual)
$1,500 - $6,000 $1,500 - $6,000 Same
Marketing & Student Recruitment
$2,000 - $10,000 $2,000 - $10,000 Same
Working Capital (3 Months)
$5,600 - $26,100 $7,700 - $35,900 -27%
Total Estimated Cost $25,000 - $116,000 $36,000 - $172,000 -32%

Local Market Factors

Factor Kenosha Miami
Cost of Living Index 93.2 128.3
Commercial Rent ($/sqft/yr) $12 - $28 $25 - $65
Labor Rate Index 0.88 1.08
Sales Tax 5.5% 7%
Minimum Wage $7.25/hr $13.00/hr
LLC Filing Fee $130 $125

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