Gym Startup Cost Comparison

Corona, CA vs Chicago, IL

Corona, CA

$83,000 - $406,000

COL Index: 112.5

VS

Chicago, IL

$101,000 - $494,000

COL Index: 107.8

Detailed Cost Comparison

Expense Corona, CA Chicago, IL Difference
Business Registration & Licenses
$2,500 - $9,500 $5,600 - $10,900 -27%
Commercial Lease (First + Last + Security)
$10,400 - $62,600 $23,500 - $140,900 -56%
Fitness Equipment
$30,000 - $150,000 $30,000 - $150,000 Same
Interior Build-Out & Renovation
$15,300 - $81,600 $17,300 - $92,000 -11%
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)
$16,900 - $67,500 $16,200 - $64,700 +4%
Total Estimated Cost $83,000 - $406,000 $101,000 - $494,000 -18%

Local Market Factors

Factor Corona Chicago
Cost of Living Index 112.5 107.8
Commercial Rent ($/sqft/yr) $14 - $26 $25 - $65
Labor Rate Index 1.02 1.15
Sales Tax 8.75% 10.25%
Minimum Wage $16.00/hr $15.80/hr
LLC Filing Fee $70 $150

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