Gym Startup Cost Comparison

Norfolk, VA vs Houston, TX

Norfolk, VA

$79,000 - $387,000

COL Index: 97.6

VS

Houston, TX

$85,000 - $421,000

COL Index: 96.5

Detailed Cost Comparison

Expense Norfolk, VA Houston, TX Difference
Business Registration & Licenses
$2,400 - $7,200 $1,900 - $6,200 +19%
Commercial Lease (First + Last + Security)
$9,900 - $59,500 $16,400 - $98,600 -40%
Fitness Equipment
$30,000 - $150,000 $30,000 - $150,000 Same
Interior Build-Out & Renovation
$14,400 - $76,800 $13,800 - $73,600 +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)
$14,600 - $58,600 $14,500 - $57,900 +1%
Total Estimated Cost $79,000 - $387,000 $85,000 - $421,000 -8%

Local Market Factors

Factor Norfolk Houston
Cost of Living Index 97.6 96.5
Commercial Rent ($/sqft/yr) $12 - $26 $18 - $45
Labor Rate Index 0.96 0.92
Sales Tax 6% 8.25%
Minimum Wage $12.41/hr $7.25/hr
LLC Filing Fee $100 $300

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