Gym Startup Cost Comparison

Naperville, IL vs Chicago, IL

Naperville, IL

$89,000 - $444,000

COL Index: 112.5

VS

Chicago, IL

$101,000 - $494,000

COL Index: 107.8

Detailed Cost Comparison

Expense Naperville, IL Chicago, IL Difference
Business Registration & Licenses
$1,400 - $6,200 $5,600 - $10,900 -54%
Commercial Lease (First + Last + Security)
$16,200 - $97,000 $23,500 - $140,900 -31%
Fitness Equipment
$30,000 - $150,000 $30,000 - $150,000 Same
Interior Build-Out & Renovation
$16,500 - $88,000 $17,300 - $92,000 -4%
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 $89,000 - $444,000 $101,000 - $494,000 -10%

Local Market Factors

Factor Naperville Chicago
Cost of Living Index 112.5 107.8
Commercial Rent ($/sqft/yr) $20 - $42 $25 - $65
Labor Rate Index 1.1 1.15
Sales Tax 7.75% 10.25%
Minimum Wage $14.00/hr $15.80/hr
LLC Filing Fee $150 $150

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