Gym Startup Cost Comparison

Pocatello, ID vs Chicago, IL

Pocatello, ID

$72,000 - $350,000

COL Index: 90.5

VS

Chicago, IL

$101,000 - $494,000

COL Index: 107.8

Detailed Cost Comparison

Expense Pocatello, ID Chicago, IL Difference
Business Registration & Licenses
$900 - $3,700 $5,600 - $10,900 -72%
Commercial Lease (First + Last + Security)
$6,500 - $39,100 $23,500 - $140,900 -72%
Fitness Equipment
$30,000 - $150,000 $30,000 - $150,000 Same
Interior Build-Out & Renovation
$12,800 - $68,000 $17,300 - $92,000 -26%
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)
$13,600 - $54,300 $16,200 - $64,700 -16%
Total Estimated Cost $72,000 - $350,000 $101,000 - $494,000 -29%

Local Market Factors

Factor Pocatello Chicago
Cost of Living Index 90.5 107.8
Commercial Rent ($/sqft/yr) $8 - $17 $25 - $65
Labor Rate Index 0.85 1.15
Sales Tax 6% 10.25%
Minimum Wage $7.25/hr $15.80/hr
LLC Filing Fee $100 $150

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