Gym Startup Cost Comparison

Jacksonville, FL vs New York, NY

Jacksonville, FL

$80,000 - $399,000

COL Index: 96.2

VS

New York, NY

$135,000 - $681,000

COL Index: 187.2

Detailed Cost Comparison

Expense Jacksonville, FL New York, NY Difference
Business Registration & Licenses
$1,400 - $6,200 $5,300 - $17,100 -66%
Commercial Lease (First + Last + Security)
$13,000 - $78,300 $41,700 - $250,400 -69%
Fitness Equipment
$30,000 - $150,000 $30,000 - $150,000 Same
Interior Build-Out & Renovation
$13,500 - $72,000 $21,800 - $116,000 -38%
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)
$14,400 - $57,700 $28,100 - $112,300 -49%
Total Estimated Cost $80,000 - $399,000 $135,000 - $681,000 -41%

Local Market Factors

Factor Jacksonville New York
Cost of Living Index 96.2 187.2
Commercial Rent ($/sqft/yr) $15 - $35 $40 - $120
Labor Rate Index 0.9 1.45
Sales Tax 7.5% 8.875%
Minimum Wage $13.00/hr $16.00/hr
LLC Filing Fee $125 $200

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