Gym Startup Cost Comparison

Plano, TX vs Los Angeles, CA

Plano, TX

$86,000 - $426,000

COL Index: 104.5

VS

Los Angeles, CA

$117,000 - $587,000

COL Index: 166.5

Detailed Cost Comparison

Expense Plano, TX Los Angeles, CA Difference
Business Registration & Licenses
$1,900 - $6,100 $4,000 - $14,400 -57%
Commercial Lease (First + Last + Security)
$14,600 - $87,700 $30,000 - $180,000 -51%
Fitness Equipment
$30,000 - $150,000 $30,000 - $150,000 Same
Interior Build-Out & Renovation
$15,800 - $84,000 $20,300 - $108,000 -22%
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)
$15,700 - $62,700 $25,000 - $99,900 -37%
Total Estimated Cost $86,000 - $426,000 $117,000 - $587,000 -27%

Local Market Factors

Factor Plano Los Angeles
Cost of Living Index 104.5 166.5
Commercial Rent ($/sqft/yr) $18 - $38 $30 - $85
Labor Rate Index 1.05 1.35
Sales Tax 8.25% 9.5%
Minimum Wage $7.25/hr $16.78/hr
LLC Filing Fee $300 $70

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