Fitness Studio Startup Cost Comparison

Elk Grove, CA vs New York, NY

Elk Grove, CA

$38,000 - $219,000

COL Index: 115.6

VS

New York, NY

$92,000 - $533,000

COL Index: 187.2

Detailed Cost Comparison

Expense Elk Grove, CA New York, NY Difference
Business Registration & Licenses
$200 - $3,000 $200 - $3,000 Same
Space & Equipment
$20,900 - $125,200 $69,600 - $417,400 -70%
Initial Supplies & Inventory
$7,500 - $45,000 $7,500 - $45,000 Same
Business Insurance (Annual)
$500 - $6,000 $500 - $6,000 Same
Marketing & Launch
$500 - $5,000 $500 - $5,000 Same
Working Capital (3 Months)
$8,700 - $34,700 $14,000 - $56,200 -38%
Total Estimated Cost $38,000 - $219,000 $92,000 - $533,000 -59%

Local Market Factors

Factor Elk Grove New York
Cost of Living Index 115.6 187.2
Commercial Rent ($/sqft/yr) $16 - $32 $40 - $120
Labor Rate Index 1.08 1.45
Sales Tax 8.75% 8.875%
Minimum Wage $16.00/hr $16.00/hr
LLC Filing Fee $70 $200

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