Dance Studio Startup Cost Comparison

Reno, NV vs Houston, TX

Reno, NV

$29,000 - $134,000

COL Index: 108.5

VS

Houston, TX

$29,000 - $137,000

COL Index: 96.5

Detailed Cost Comparison

Expense Reno, NV Houston, TX Difference
Business Registration & Licenses
$2,000 - $8,400 $1,900 - $6,200 +28%
Studio Lease (First + Last + Security)
$5,000 - $30,000 $6,800 - $41,100 -27%
Studio Build-Out
$8,000 - $35,000 $7,400 - $32,200 +9%
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)
$6,500 - $30,400 $5,800 - $27,000 +13%
Total Estimated Cost $29,000 - $134,000 $29,000 - $137,000 -2%

Local Market Factors

Factor Reno Houston
Cost of Living Index 108.5 96.5
Commercial Rent ($/sqft/yr) $14 - $32 $18 - $45
Labor Rate Index 1 0.92
Sales Tax 8.265% 8.25%
Minimum Wage $12.00/hr $7.25/hr
LLC Filing Fee $425 $300

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