Gym Startup Cost Comparison
Chesapeake, VA vs Houston, TX
Chesapeake, VA
$81,000 - $402,000
COL Index: 101.5
VS
Houston, TX
$85,000 - $421,000
COL Index: 96.5
Detailed Cost Comparison
| Expense | Chesapeake, VA | Houston, TX | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,400 - $5,100 | $1,900 - $6,200 | -20% |
|
Commercial Lease (First + Last + Security)
|
$12,500 - $75,100 | $16,400 - $98,600 | -24% |
|
Fitness Equipment
|
$30,000 - $150,000 | $30,000 - $150,000 | Same |
|
Interior Build-Out & Renovation
|
$14,300 - $76,000 | $13,800 - $73,600 | +3% |
|
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)
|
$15,200 - $60,900 | $14,500 - $57,900 | +5% |
| Total Estimated Cost | $81,000 - $402,000 | $85,000 - $421,000 | -5% |
Local Market Factors
| Factor | Chesapeake | Houston |
|---|---|---|
| Cost of Living Index | 101.5 | 96.5 |
| Commercial Rent ($/sqft/yr) | $14 - $34 | $18 - $45 |
| Labor Rate Index | 0.95 | 0.92 |
| Sales Tax | 6% | 8.25% |
| Minimum Wage | $12.41/hr | $7.25/hr |
| LLC Filing Fee | $100 | $300 |
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