Gym Startup Cost Comparison
Sandy Springs, GA vs Chicago, IL
Sandy Springs, GA
$92,000 - $463,000
COL Index: 108.3
VS
Chicago, IL
$101,000 - $494,000
COL Index: 107.8
Detailed Cost Comparison
| Expense | Sandy Springs, GA | Chicago, IL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$2,400 - $8,900 | $5,600 - $10,900 | -32% |
|
Commercial Lease (First + Last + Security)
|
$19,300 - $115,800 | $23,500 - $140,900 | -18% |
|
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)
|
$16,200 - $65,000 | $16,200 - $64,700 | Same |
| Total Estimated Cost | $92,000 - $463,000 | $101,000 - $494,000 | -7% |
Local Market Factors
| Factor | Sandy Springs | Chicago |
|---|---|---|
| Cost of Living Index | 108.3 | 107.8 |
| Commercial Rent ($/sqft/yr) | $22 - $52 | $25 - $65 |
| Labor Rate Index | 1.1 | 1.15 |
| Sales Tax | 8.9% | 10.25% |
| Minimum Wage | $7.25/hr | $15.80/hr |
| LLC Filing Fee | $100 | $150 |
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