Gym Startup Cost Comparison

Akron, OH vs Los Angeles, CA

Akron, OH

$71,000 - $349,000

COL Index: 86

VS

Los Angeles, CA

$117,000 - $587,000

COL Index: 166.5

Detailed Cost Comparison

Expense Akron, OH Los Angeles, CA Difference
Business Registration & Licenses
$700 - $3,300 $4,000 - $14,400 -78%
Commercial Lease (First + Last + Security)
$6,800 - $40,700 $30,000 - $180,000 -77%
Fitness Equipment
$30,000 - $150,000 $30,000 - $150,000 Same
Interior Build-Out & Renovation
$12,800 - $68,000 $20,300 - $108,000 -37%
Business Insurance (Annual)
$3,000 - $10,000 $3,000 - $10,000 Same
Technology & Software
$2,000 - $10,000 $2,000 - $10,000 Same
Marketing & Pre-Sale Campaign
$3,000 - $15,000 $3,000 - $15,000 Same
Working Capital (3 Months)
$12,900 - $51,600 $25,000 - $99,900 -48%
Total Estimated Cost $71,000 - $349,000 $117,000 - $587,000 -40%

Local Market Factors

Factor Akron Los Angeles
Cost of Living Index 86 166.5
Commercial Rent ($/sqft/yr) $8 - $18 $30 - $85
Labor Rate Index 0.85 1.35
Sales Tax 6.75% 9.5%
Minimum Wage $10.45/hr $16.78/hr
LLC Filing Fee $99 $70

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