Dance Studio Startup Cost Comparison
Sandy Springs, GA vs Miami, FL
Sandy Springs, GA
$33,000 - $156,000
COL Index: 108.3
VS
Miami, FL
$36,000 - $172,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Sandy Springs, GA | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,400 - $8,900 | $2,600 - $9,500 | -7% |
|
Studio Lease (First + Last + Security)
|
$8,000 - $48,300 | $9,800 - $58,700 | -18% |
|
Studio Build-Out
|
$8,800 - $38,500 | $8,600 - $37,800 | +2% |
|
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 - $30,300 | $7,700 - $35,900 | -16% |
| Total Estimated Cost | $33,000 - $156,000 | $36,000 - $172,000 | -9% |
Local Market Factors
| Factor | Sandy Springs | Miami |
|---|---|---|
| Cost of Living Index | 108.3 | 128.3 |
| Commercial Rent ($/sqft/yr) | $22 - $52 | $25 - $65 |
| Labor Rate Index | 1.1 | 1.08 |
| Sales Tax | 8.9% | 7% |
| Minimum Wage | $7.25/hr | $13.00/hr |
| LLC Filing Fee | $100 | $125 |
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