Gym Startup Cost Comparison
Albany, NY vs Houston, TX
Albany, NY
$77,000 - $375,000
COL Index: 93.6
VS
Houston, TX
$85,000 - $421,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Albany, NY | Houston, TX | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,400 - $8,200 | $1,900 - $6,200 | +31% |
|
Commercial Lease (First + Last + Security)
|
$8,300 - $50,100 | $16,400 - $98,600 | -49% |
|
Fitness Equipment
|
$30,000 - $150,000 | $30,000 - $150,000 | Same |
|
Interior Build-Out & Renovation
|
$14,100 - $75,200 | $13,800 - $73,600 | +2% |
|
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)
|
$14,000 - $56,200 | $14,500 - $57,900 | -3% |
| Total Estimated Cost | $77,000 - $375,000 | $85,000 - $421,000 | -11% |
Local Market Factors
| Factor | Albany | Houston |
|---|---|---|
| Cost of Living Index | 93.6 | 96.5 |
| Commercial Rent ($/sqft/yr) | $10 - $22 | $18 - $45 |
| Labor Rate Index | 0.94 | 0.92 |
| Sales Tax | 8% | 8.25% |
| Minimum Wage | $15.00/hr | $7.25/hr |
| LLC Filing Fee | $200 | $300 |
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