Gym Startup Cost Comparison

Elk Grove, CA vs Miami, FL

Elk Grove, CA

$87,000 - $426,000

COL Index: 115.6

VS

Miami, FL

$100,000 - $499,000

COL Index: 128.3

Detailed Cost Comparison

Expense Elk Grove, CA Miami, FL Difference
Business Registration & Licenses
$2,600 - $9,600 $2,600 - $9,500 +1%
Commercial Lease (First + Last + Security)
$12,500 - $75,100 $23,500 - $140,900 -47%
Fitness Equipment
$30,000 - $150,000 $30,000 - $150,000 Same
Interior Build-Out & Renovation
$16,200 - $86,400 $16,200 - $86,400 Same
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)
$17,300 - $69,400 $19,200 - $77,000 -10%
Total Estimated Cost $87,000 - $426,000 $100,000 - $499,000 -14%

Local Market Factors

Factor Elk Grove Miami
Cost of Living Index 115.6 128.3
Commercial Rent ($/sqft/yr) $16 - $32 $25 - $65
Labor Rate Index 1.08 1.08
Sales Tax 8.75% 7%
Minimum Wage $16.00/hr $13.00/hr
LLC Filing Fee $70 $125

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