Gym Startup Cost Comparison

Omaha, NE vs Chicago, IL

Omaha, NE

$77,000 - $382,000

COL Index: 92.8

VS

Chicago, IL

$101,000 - $494,000

COL Index: 107.8

Detailed Cost Comparison

Expense Omaha, NE Chicago, IL Difference
Business Registration & Licenses
$800 - $3,900 $5,600 - $10,900 -72%
Commercial Lease (First + Last + Security)
$11,200 - $67,300 $23,500 - $140,900 -52%
Fitness Equipment
$30,000 - $150,000 $30,000 - $150,000 Same
Interior Build-Out & Renovation
$13,200 - $70,400 $17,300 - $92,000 -24%
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)
$13,900 - $55,700 $16,200 - $64,700 -14%
Total Estimated Cost $77,000 - $382,000 $101,000 - $494,000 -23%

Local Market Factors

Factor Omaha Chicago
Cost of Living Index 92.8 107.8
Commercial Rent ($/sqft/yr) $13 - $30 $25 - $65
Labor Rate Index 0.88 1.15
Sales Tax 7% 10.25%
Minimum Wage $12.00/hr $15.80/hr
LLC Filing Fee $100 $150

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