Dance Studio Startup Cost Comparison

North Las Vegas, NV vs Los Angeles, CA

North Las Vegas, NV

$26,000 - $123,000

COL Index: 100.2

VS

Los Angeles, CA

$44,000 - $213,000

COL Index: 166.5

Detailed Cost Comparison

Expense North Las Vegas, NV Los Angeles, CA Difference
Business Registration & Licenses
$1,600 - $6,700 $4,000 - $14,400 -55%
Studio Lease (First + Last + Security)
$4,300 - $26,100 $12,500 - $75,000 -65%
Studio Build-Out
$7,400 - $32,200 $10,800 - $47,300 -32%
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)
$6,000 - $28,100 $10,000 - $46,600 -40%
Total Estimated Cost $26,000 - $123,000 $44,000 - $213,000 -42%

Local Market Factors

Factor North Las Vegas Los Angeles
Cost of Living Index 100.2 166.5
Commercial Rent ($/sqft/yr) $12 - $28 $30 - $85
Labor Rate Index 0.92 1.35
Sales Tax 8.375% 9.5%
Minimum Wage $12.00/hr $16.78/hr
LLC Filing Fee $425 $70

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